The government’s receipts from gross gaming revenue taxes in the first eight months fell by 70.2% year-on-year to MOP 22.8 billion (US$2.87 billion), the Financial Services Bureau (DSF) announced last week.
Business
Macao government’s receipts from gross gaming revenue taxes in the first eight months fell by 70.2% year-on-year
Macao asked Beijing to be allowed to drop one of the five reclamations approved in 2009 between Nobre de Carvalho and Amizade bridges, according to Rádio Macau.
The Trade and Investment Promotion Institute (IPIM) received two new residence applications based on the “major investment” category and 38 new applications based on the “management and technical personnel” category.
Kenny Lee Koi Ian, general manager of Seng Fung Jewellery, told reporters on Thursday that the city’s gold retail sector is expecting more sales in the second half of this year after the mainland’s travel restrictions are lifted.
Japanese casual-wear apparel company Uniqlo will open its biggest Macao shop in on 30 September close to the Ruins of St Paul’s that will for the first time in Hong Kong and Macao feature a UTme! design-your-own T-shirt service.
JP Morgan Securities Asia Pacific analysts said in a note this week that Macao’s daily run-rate of roughly US$5.4 million (MOP 43.4 million) in casino win last month was the same as July’s, calling the figure “disappointing”.
Macao’s gross gaming revenue (GGR) fell 94.5 per cent year-on-year to MOP 1.33 billion (US$167 million) in August, the Gaming Inspection and Coordination Bureau (DICJ) announced today.
Gross gaming revenues fall 94.5% year-on-year in August to MOP 1.33 billion (US$166.6 million).