Rating agency’s move comes as gaming operator seeks new HK$19 billion loan amid uncertainty surrounding industry’s future in Macao.
Business
Definition of ‘endangerment’ of national security remains open to question; lawmakers seek clarity from government.
Gaming operator bosses confident of more visitors in the coming months, point to healthy results at start of Year of the Tiger.
AMCM says pataca exchange rate dropped against currencies of Macao’s major trading partners on a monthly basis but grew on an annual basis.
Fate of workers following possible casino closures uppermost in lawmakers’ minds as they examine the nitty gritty of proposed bill.
The future of satellite casinos featured prominently in discussions, as did the question of ‘dual nationality’ of future managing directors.
Group’s president expects upsurge of interest in premium mass market, praises government’s handling of tender process.
BNU does better than 2020 with MOP 447 million profit, but BoC records MOP 6 billion gain, a 7.5 per cent rise on previous year.
Move comes as gaming industry gears up for new licence tenders later this year and increasing unease over possible legal liabilities.