The Macao government has reported a perceptible jump in the visitor arrival rate since the introduction of the new permits for Zhuhai and Hengqin residents
Business
The increase makes good an almost 38 percent decline recorded in commercial property loans in the month of October
Those areas saw an almost 14 percent decline in final three months of 2024, compared with a year earlier
Forecasters anticipate continued growth in the local economy, with the inflation rate and overall unemployment rate at 1.1 percent and 1.8 percent respectively
The Macao gaming concessionaire has set up a new office in Bangkok, with the legalisation of casinos in Thailand widely expected to take place this year
The G2E Asia and Asia IR Expo will be held concurrently at the Venetian from 7 to 9 May, with an increased floor space of roughly 50 percent
Veteran Hong Kong-based analyst Steve Vickers expects any Sino-American détente achieved last year to gradually fade
Former deputy director Lio Chi Chong has taken over as the Gaming Inspection and Coordination Bureau’s acting director from Adriano Marques Ho
While analysts aren’t forecasting huge growth this year, they say poor China-US relations aren’t a ‘rational concern’ for the gambling sector