Macao gaming operator SJM Holdings reported on Tuesday a loss of HK$1.41 billion in the first half of the year, a year-on-year decline of 184.1%.
Business
About 110,000 residents went to top up their consumption subsidy smartcard on Monday, the first day of the procedure, according to a statement from Economic Services Bureau (DSE), as the government’s second phase subsidy scheme giving each resident MOP 5,000 to spend locally begins on Saturday.
The Centre for Gaming and Tourism Studies (CJT) of the Macao Polytechnic Institute (IPM) held a sharing session on “Gamblers’ Fatigue: The Evolving Trends of Gaming Behaviour among Gamblers” on its Taipa campus last week, presenting the latest research findings by a CJT research team headed by Prof Zeng Zhonglu, the public tertiary education institution said in a statement on Thursday.
More than 25,000 casino workers have undergone Covid-19 tests, and all of them have been negative
Residents can start to top up their consumption smartcards for the second phase of the government’s subsidy scheme to boost locals’ spending from Monday at various service points across the city, the government announced on Thursday.
Sands China Ltd. reported a net loss of US$549 million for the fiscal second quarter, according to an announcement made on the Hong Kong Stock Exchange.
The number of residential and commercial property sales plunged in the first half of the year amid the ongoing coronavirus-induced economic recession. According to real estate experts, the situation today is similar to 2014, when the property market was reeling from a sharp contraction in gross gaming revenue.
The Central People’s Government Liaison Office in Macao Administrative presented a certificate of appreciation to Sands China for its support of Covid-19 relief efforts
The Macao Government Tourism Office’s (MGTO) “Macao Ready Go” promotional video showcases Macao as an “ideal destination gearing up to welcome visitors from around the world in the future”.