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.
Business
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).
Macao’s imports of gold jewellery fell 64.1% year-on-year to MOP 151 million in July.
Junket and resort operator Suncity Group Holdings announced on Monday that its revenue in the first half of the year fell 70% year-on-year to 93.7 million yuan (US$13.6 million).
Air Macau suffered net losses of RMB 464 million (US$67.4 million) between January and June this year, according to data from Air China released today by Tribuna de Macau newspaper.
The possible decision to postpone the new round of bidding for gaming concessions is up to the government, SJM Managing Director and Chief Administrative Officer Angela Leong On Kei said on Sunday after a speaker at a seminar suggested a postponement.
The Macao government is launching a promotional campaign to attract more mainland visitors to the city from 1 September onwards.