Resident deposits climbed to 817.3 billion patacas (US$101.6 billion) in July, though total banking deposits dipped due to declines in non-resident and public sector funds
Business
The event hopes to showcase Macao’s offerings in culture, trade and tourism to residents of Hubei province, a growing source of visitors for the SAR
A dedicated Macao Fashion Show was staged yesterday afternoon, aiming to showcase Macao’s design appeal and commercial potential to global buyers
Macao’s flagship carrier has been financially struggling in recent years, reporting losses of several hundred million patacas throughout the pandemic period and beyond
Deutsche Bank Securities and Seaport Research Partners predict Macao’s casinos will experience a booming September, following August’s record post-pandemic haul
The country’s tourism industry leaders warn that MGM Osaka – Japan’s first integrated resort – could lure millions of gamblers away from South Korea’s Kangwon Land
The campaign takes the form of multiple promotions across the city, lasting 13 weeks from September to November
The local casino industry generated 22.15 billion patacas (US$2.76 billion) in gross gaming revenue last month, growing by 12.2 percent year-on-year
The casino operator saw a significant increase in net revenues and a return to profit, driven by improved gambling and non-gambling operations