Macao’s imports rose by 56.6% year-on-year to MOP 13.4 billion in November.
Business
Macao’s 120 hotels and guesthouses recorded 473,000 guests last month, a month-on-month growth of 8%, but a year-on-year decline of 59.3%.
Macao is set to host a tech fair next year to match the famed International Consumer Electronics Show (CES) in Las Vegas, the US online newspaper TechCrunch reported this week.
Chief Executive Ho Iat Seng said that “anything is possible” concerning the timing of the bidding process for Macao’s gaming concessions which expire in June 2022.
Gaming operator SJM on Thursday announced that its popular Grand Lisboa New Year Countdown Show will be cancelled this year.
In a report released Friday, the CA criticised the publicly funded Macau Investment and Development Limited for ignoring cost-efficiency principles when making decisions on how to develop the park.
Kevin Benning, who has over 15 years of experience in the casino gaming industry will be responsible for the operations of Studio City.
Melco Resorts held a 24.6% share of local gaming revenues between January and September, followed by Sands China at 19.5%.
The Legislative Assembly passed the government’s third 2020 budget amendment bill.