Studio City’s second phase on track for completion in December 2022, however Ho sees future of gaming business focussed on mass market.
Business
Net interest income soars by 76% year-on-year in first nine months of 2021, contributing to Macao’s economic diversification.
GEG vice chairman acknowledges support from government, community and frontline workers, and appeals to residents to get vaccinated against Covid-19.
In June 2020, Sands China implemented a new waste-saving technology across its team member restaurants. We talk to the company’s decision-makers to understand how the technology guides decisions and curbs waste.
Amount of hand-out not confirmed; more than MOP 20 billion allocated for subsidies, allowance and benefits next year.
CEO Ambrose So hails summer opening of Grand Lisboa Palace and significant improvement in operating results.
With total liquidity of HK$13.4 billion, casino operator stresses its healthy financial position, looks forward travel restrictions easing.
Government has only collected about half the MOP 50 billion it predicted for gaming tax this year, plans to dip into financial reserves again.
Official study suggests new system would only be feasible once the economy recovers from the effects of Covid-19 pandemic.