Macau’s casinos took in gross revenue of 22.676 billion patacas (US$2.8345 billion) in August, up 20.4 percent year-on-year, the Gaming Inspection and Coordination Bureau announced this Friday.
Business
Macau’s gross domestic product expanded by 11.5 percent year-on-year in real terms in the second quarter of 2017
China formally laid down new rules on overseas investments, making explicit its de facto campaign against “irrational” acquisitions of assets in industries ranging from real estate and hotels, to gaming and entertainment
Local businessman Kevin Ho expects to sign a deal with Global Media Group in Portugal next month to acquire 30 percent of the Portuguese group’s capital
About 300 Sands China employees and around 100 volunteers from local associations packed 35,000 hygiene kits that will be delivered to families in the Philippines
The government expects to spend an additional 200 million patacas a year for the next two years to implement projects related to Macau’s smart city development.
Air Macau will continue in 2018 with the programme to recruit captains to fly Airbus 320 aircraft in South America and Europe, and the recruitment drive in Europe will take place in April of that year.
Secretary for Economy and Finance Lionel Leong Vai Tac said that the government has decided to extend the horse-racing concession of the Macau Jockey Club.
Chief Executive Fernando Chui Sai On has appointed Benjamin Chan Sau San chairman of the board of directors of the Macau Monetary Authority (AMCM), according to an executive order published in the Official Gazette (BO) on Wednesday.