Red tape and lack of a centralised vision are reportedly hampering efforts by casinos to fulfil their contractual obligations to build non-gambling facilities
Business
The Macau Economic Association is optimistic that the city-wide consumption campaign and other events will give the economy a much needed boost
Unsurprisingly, receipts were significantly higher than in 2022, when Covid-19 travel restrictions hampered tourism
The presumptive chief executive met local casino executives yesterday, just two weeks after saying that gambling had had a ‘very large negative impact’ on the city
Occupying a 22,000 square metre site, the facility should be up and running by the end of 2026, the company says
However, the average of new mortgages approved between May and July fell in comparison to the previous three-month period
Weixin Palm Pay has launched at Galaxy Macau, marking the touchless payment service’s debut outside of the Chinese mainland
With a hefty US$2,800 price tag, analysts view the Mate XT more as a showcase of Huawei’s technological prowess than as a major sales driver
The campaign was originally scheduled for October, but has now been brought forward to later this month in response to the needs of struggling local businesses