Sands China will spend US$1.1 billion renovating its properties including turning the Sands Cotai Central into a London-themed resort over the next three years. Renovation works will begin in the second quarter of 2018.
Business
Over 1,000 enterprises from about 50 countries and regions are showing their products and services at the 22nd Macau International Trade and Investment Fair (MIF), hoping to network and get into partnerships with those along the “Belt and Road”
The International Monetary Fund (IMF) has raised its forecast of Macau’s gross domestic growth (GDP) to 13.4 percent for this year, according to its World Economic Outlook – October 2017.
Macau´s gross gaming receipts rose 16.1 percent to 21.4 billion patacas (US$2.7 billion) in September, according to data released by Macau’s Gaming Inspection and Coordination Bureau Sunday.
MGM China Holdings said in a statement that due to damage caused by Super Typhoon Hato the opening of its resort in Cotai would be “slightly delayed” to January 29.
The Macau Monetary Authority (AMCM) urged local banks and other payment institutions Wednesday to refrain from providing services of initial coin offerings (ICOs) and cryptocurrencies.
Businessman and outgoing lawmaker Chan Meng Kam said Wednesday that he was not interested “at the moment” in bidding for a gaming concession.
A symposium on international cooperation in traditional Chinese medicine (TCM) kicked off in Macau Wednesday, focusing on the standardisation of TCM and its entry into the global market.
The public consultation will end on October 26. Three public sessions will be held during the consultation period. In July last year, the bureau told reporters that it was studying the feasibility of a ban on gaming employees entering local casinos during their free time.