Investment holding company Macau Legend Development Limited said this week that it expects to record an unaudited consolidated loss attributable to equity holders of the company of approximately HK$490 million for the first half of this year, as compared to approximately HK$107 million in the same period of last year.
Business
The immigration authorities of Macao and Zhuhai declined to estimate the number of visitor arrivals through the new Hengqin Port during the upcoming Chinese National Day holiday in the first week of October, commonly known as Golden Week.
The new Macao-mainland joint Hengqin checkpoint that opened Tuesday cuts clearance time to about 30 seconds.
The Macao Special Administrative Region’s (MSAR) average residential property price dropped to below MOP 100,000 (US$12,500) per square metre last month.
Future Bright Holdings’ turnover in Macau dropped 82.1% year-on-year to HK$32.4 million in the second quarter of this year.
Wynn Macao has announced that is operating revenue decreased 79.2% to HK$3.97 billion in the first half of this year.
Global Gaming Expo (G2E) Asia said in a statement on Thursday that it is rescheduling its events scheduled for this year in light of the ongoing COVID-19 pandemic.
Galaxy Entertainment Group (GEG) Chairman Lui Che Woo said today that “the Macao government continues to perform admirably throughout the [Covid-19] pandemic”.
The government’s total current revenue fell 61.9% year-on-year to MOP 28.53 billion in the first seven months of this year, the Financial Services Bureau (DSF) announced on Wednesday.