Macau’s 41 casinos will be closed for 15 days starting Tuesday midnight.
Business
Macau’s gross gaming receipts fell 11.3% year-on-year to 22.12 billion patacas last month, the Gaming Inspection and Coordination Bureau (DICJ) announced.
Macau’s foreign exchange reserves amounted to 178.3 billion patacas at the end of last year.
The University of Macau (UM) forecast yesterday that Macau’s economy will shrink 3.7% this year.
The first phase of the Macau Economic Database project by the University of Macau’s (UM) Centre for Macau Studies (CMS) and Department of Economics completed its first phase.
The government aims to complete formulating its guidelines on the method the city’s government-owned enterprises should announce their financial information and start implementing the guidelines next month.
Macau’s gaming revenue in December slipped for the third straight month, marking the worst annual decline since 2015
The number of visitors who arrived in Macau in November by sea, approximately 413,700, represented a decline of 39.0% year–on–year.
Macau and Zhuhai governments have since beginning of the year started planning on a housing project in Hengqin Island.