Last month’s figure drops by 25.9 per cent month-on-month as city fights its worst Covid-19 outbreak, leaving Macao almost empty of visitors.
Business
5G network to cover all of Macao within 2.5 years since announcement of winners, who will hold licences for eight years.
Cash injection comes at crucial stage for Macao’s oldest gaming operator in the run-up to bidding for new concessions.
Three days before gaming licences expire on 26 June, concessions and sub-concessions meet CE to keep doors to casinos open for another six months.
Financial incentives offered for attracting overseas gamblers, junkets face tougher regulations; total of six concessions on offer – bidding process yet to be launched.
All six concessionaires united in praise for the government and optimism for the future of Macao’s economic mainstay.
Former lawmaker will take over Million Dragon, Royal Dragon and Golden Dragon; industry undergoes final shake-up days before legislators approve gaming amendment bill.
Staff from two satellite casinos to be transferred to other GEG casinos and given training to adapt to new workplace as their employment terms remain unchanged.
Increase by 75 basis points from 1.25% consistent with Hong Kong as MOP is linked to HK$.