CEO Robert Goldstein remains ‘deeply confident’ in future of Macao and considers it an ideal market for additional capital investment.
Business
Petrol, fruit, eating out, helpers’ wages and electricity all more costly, however pork, telecoms and residential rents cheaper.
Industry expert says next generation should be educated and allowed to decide instead of being told what to do.
Ho says Macao will strive to see that non-gaming industries account for 60% of GDP, while building sustainable industrial structure that fits city’s reality.
Around 3 million Hong Kong visitors expected by year’s end, less than half pre-pandemic annual total of 7 million.
However MOP 10,000 annual cash handout, as promised in 2023 Policy Address, to go ahead later this year.
Forthcoming lucky draw will offer prizes worth up to MOP 1 million in cash, food and staycations.
December GGR down by 56.3 per cent year-on-year from MOP 7.8 billion to MOP 3.48 billion; city’s six gaming operators began new 10-year concessions yesterday.
Macau Dredging Services undertakes to dredge and maintain Macao’s public waterways and harbour basins for next five years.