Prosecutors allege Chau ran vast syndicate in China that encouraged illegal gambling activities; urge him to surrender for ‘lenient punishment’.
Business
Ruling brings six-year legal wrangle to an end; likely to have significant implications for casinos’ future relations with junket operators.
Due to start within the next few months, the auctions aim to raise public revenues and ease Macao’s housing high-priced market.
GDP now stands at MOP 55.4 billion as exports show significant increase and visitor arrivals pick up after a dismal 2020.
Poor casino revenues impacted by Covid-19 compel government to dig into Macao’s reserves for the third time this year.
Macao-owned and operated company paints a healthy vision of e-powered transport in the city.
Chief Executive Ho Iat Seng says officials still working on revising law and preparing tenders, urges those concerned not to worry.
Project costing US$1.3 billion will comprise two hotel towers with 900 rooms and suites, Asia’s largest indoor and outdoor water parks and a six-screen Cineplex.
Three expos this weekend feature huge variety of transport, from RMB 1 million yachts to mainland’s state-of-the-art manned electric Ehang 216 aircraft.