The final tally represents an 86.4 percent recovery against the pre-pandemic figure of 2019 and is a 7.6 percent climb in GDP per capita
Business
The city’s casinos reaped 19.74 billion patacas (US$2.47 billion) in gross gaming revenue last month, ending two months of consecutive year-on-year drops
Professor Rostam J. Neuwirth of the University of Macau says that AI’s oxymoronic definition creates both a major obstacle, as well as an opportunity
While Macao’s average hotel occupancy rate rose year-on-year last month, the total number of visitors staying the night in the SAR dropped
The casino operator reported total operating revenues of US$4.64 billion for the year, an almost 23 percent rise compared with 2023
Fourth-quarter adjusted EBITDA rose 15 percent, with hotel occupancy at 98 percent across the seven hotels of Galaxy Macau
Regulatory guardrails have been unable to keep pace with AI, opening users to a slew of liability risks, said an expert at a breakfast discussion yesterday
Only 6.7 percent of surveyed retailers expect business will pick up in the first quarter of this year, according to DSEC data
CreditSights analysts observe that visitor numbers from China’s wealthiest provinces have rebounded to pre-pandemic levels, but per-person gaming revenue has not