Following a 2025 gross gaining revenue downgrade, the government has now amended its budget to reflect a 5 percent reduction in expected gaming taxes
Business
The SAR government plans to initiate a ‘first store economy program’ that will help 20 to 30 regional and international brands to establish their inaugural stores in Macao
Official data shows that Macao’s tourism sector has reached a significant milestone, with inbound visitor numbers so far in 2025 exceeding 20 million – 26 days earlier than last year
It’s time Macao’s 30-year-old Advertising Activities Law was modernised, according to the Economic and Technological Development Bureau
Cabo Verde has issued an ultimatum to the Macao-based developer – submit a new proposal within 60 days or lose the project to other investors
The financially troubled satellite casino operator is under even more pressure with Legend Palace’s upcoming closure
There are plans for extensive renovations and the introduction of world-renowned restaurants for the hotel
The average price per square metre of a residential property, across the SAR, was also down by 6 percent in comparison to the second half of May
Some observers say low-tier gamblers could be priced out of the market entirely, while mid-tier players would likely head for core Cotai Strip casinos