Figure also a decrease of 95.3 per cent year-on-year from MOP 8.45 billion as Macao government shut down casinos for nearly two weeks in July due to city’s latest outbreak.
Business
Apart from running casinos, would-be operators will have to develop medical and coastal tourism, build arts venues and stage world-class events.
Bids, plus MOP 10 million security deposit, must be submitted by 14 September; foreigners’ entry restrictions should cease ‘by year’s end’.
Monetary Authority of Macao raised rate by 50 basis points in May and another 75 basis points last month.
Gaming commission responsible for helping the SAR’s chief executive in analysing and deciding all matters relating to the gaming sector.
Bids for Macao’s 5G network to be submitted by 12 August and must include a five-year operation plan.
During next week’s consolidation period, limited operations will be available to the public between 25-29 July.
Employees, freelancers and business operators in line for special allowance; measures may be put in place as early as next month.
Blame lies with Covid-19’s effect on Macao; CEO bullish on company’s future prospects, pointing to robust customer demand.