The Macao-based gaming concessionaire also earned the Integrated Resort of the Year title at the awards, which were held in Manila
Business
New commercial real estate loans granted to Macao residents made up less than 70 percent of the total in April, down from 96 percent in March
The concessionaire faces a shake up as Macao’s satellite casinos are forced to wind down operations, but Fitch Ratings expects the impact will be ‘manageable’
Sam Hou Fai says his administration will ensure that new positions are found for the roughly 5,600 workers affected by the satellite casino closures
The 16th International Infrastructure Investment and Construction Forum and Exhibition (IICF) wrapped yesterday with US$10.1 billion in cooperation agreements
The bank’s analysts have issued a very positive memo predicting 6 percent year-on-year growth for gross gaming revenue (GGR) in the second half of 2025
The winding up of Macao’s satellite casinos marks a new chapter for the local casino industry, with thousands of workers affected
The closure of its nine satellite casinos means the concessionaire must absorb thousands of workers into its other properties, which could lead to a ‘wage burden’
The first industry-academia matching session implemented by the Sands Integrated Resort Incubation Centre took place on 29 May