The total number of residential property sales in Macao dropped 18.1% year-on-year, which shows a “significant” contraction.
Business
Casino tycoon and American political mega-donor Sheldon Gary Adelson died last night following complications related to treatment for non-Hodgkin’s lymphoma. He was 87.
The Macao government said in a statement on Tuesday that it “expresses its deepest sorrow on the passing of Mr Adelson, and extends its most sincere condolences to his family.”
The Macao government to launch new integrated payment machine “Simple Pay” in the first quarter of the year.
Secretary for Economy and Finance said last month he expected this year’s government GGR tax receipts to be around MOP 130 billion, which is around MOP 10 billion per month.
Sheldon Adelson has taken a medical leave of absence from his roles to receive further treatment for non-Hodgkin’s lymphoma.
Only 28 bidders for the first phase of this year’s Taipa market, which is a 30% decrease year-on-year.
Gaming operator SJM to give eligible employees a “living subsidies” equivalent of 1.5 or two months’ salary.
December marks the 15th consecutive month of year-on-year declines since October 2019.