Gaming giant will partner with Guangzhou-based developer to build state-of-the-art mixed-use complex in key Greater Bay Area city.
Business
Extra staff and a far-reaching reorganisation demonstrate that the government will be monitoring the gaming industry far more closely in future.
Most visitors still come from the mainland; but visitor numbers still have a long way to go before returning to pre-Covid-19 ‘normal’ .
The food and beverage industry is the chief beneficiary as residents shell out MOP 473 million via the e-consumption benefits plan.
Leading businessman Wu Zhiwei points to numerous incentives offered to investors in Portugal.
Covid-19 claims another financial victim as high-rollers’ club aims to cut costs in the face of the pandemic.
Economic situation holds relatively steady with few unforeseen developments, according to the Monetary Authority of Macao.
Seeing a year-on-year growth of 492.2 per cent, Macao’s casinos recorded gross gaming revenue of MOP 10.4 billion in May.
After 10 years in business, Macao Fitness has become a mainstay of Macao’s fitness community. We speak to founder Norika Chio about the gym’s journey, and how the city is learning to embrace healthier lifestyles.