Louis Ng Chi Sing is no longer the chief operating officer (COO) of gaming operator SJM S.A.
Business
Macao-based Portuguese bank BNU has reaffirmed its determination to help its private and corporate clients tackle the impact of the COVID-19 pandemic on the local economy.
MGM held a one-day seminar on Monday for its staff members on the “Spirit of the Two Sessions”, the American gaming operator said in a statement.
The government’s income from gross gaming revenue taxes fell 56.5% year-on-year to MOP 21.0 billion (US$2.6 billion).
Deborah Ho Chiu Hung, one of the 16 children of gaming magnate Stanley Ho Hung Sun, who passed away, has filed a caveat to bar dealings in his estate without notifying her lawyers.
Sands China said today it estimates that the net proceeds from the offering of senior notes will be about US$1.48 billion (MOP 11.8 billion) and that it intends to use the net proceeds for incremental liquidity and general corporate purposes.
Sands Chairman and Chief Executive Officer Sheldon G. Adelson and his wife Miriam have been saddened by the passing of Macao gaming magnate Dr. Stanley Ho Hung Sun last week.
Macao’s gross revenue from games of chance fell 93.2 per cent year-on-year to MOP 1.76 billion (US$221 million) last month, the Gaming Inspection and Coordination Bureau (DICJ) announced today.
Macao’s gross domestic product (GDP) dropped 48.7 per cent year-on-year in real terms in Q1.