The Landmark Casino is scheduled to shut down for good on 30 December, signalling the end of Macao’s satellite casino sector
Business
New figures show sequential revenue growth at Galaxy Entertainment and Sands China malls – bringing hope after six consecutive quarters of retail decline in the city
The rating agency affirmed the city’s long-term issuer default rating at AA with a stable outlook despite lowering the 2025 forecast and predicting a further slowdown in 2026
Local taxi drivers fear that adding 800 more cabs to the existing fleet will intensify competition, making it even more difficult for them to find fares in off-peak times
Finance secretary Anton Tai Kin Ip has affirmed the government’s commitment to leveraging the financial sector as a key engine for Macao’s economic diversification
The investment bank forecasts 6 percent gross gaming revenue growth and 7 percent earnings growth, with a front-loaded 2026 for the local casino sector
Nvidia will be allowed to sell its second most powerful chip to ‘approved customers’ in China, with the US government set to receive 25 percent of the revenue
The Japanese currency is trading near its weakest levels since January, lowering the costs of yen-linked goods and services
Early forecasts place gross gaming revenues above 228 billion patacas for the year, exceeding the budget’s revised target set in June