Macau’s gaming revenue growth rose 5.7 percent to 24.3 billion patacas (US$ 3.03 billion) in February, the slowest pace since January 2017, the Gaming Inspection and Coordination Bureau (DICJ) said Thursday.
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Macau’s gross domestic product (GDP) grew 9.1 percent in real terms year on year in 2017, after three consecutive years of negative growth, the Statistics and Census Bureau (DSEC) announced Wednesda
Galaxy Entertainment Group (GEG) said Wednesday that it posted a 67 percent rise in full-year net profit last year.
SJM said Wednesday that its profit dropped 15.6 percent to HK$1.96 billion patacas last year, even though its gaming revenue rose 0.1 percent to HK$41.29 billion.
Macau’s total value of retail sales rose 12.6 percent year on year to 66.26 billion patacas last year, the Statistics and Census Bureau (DSEC) said in a statement Tuesday.
The Macau government has approved an extension of the city’s horse racing concession for a period of 24 years and six months, the Secretary for Economy and Finance, Leong Vai Tac said today.
Civic and Municipal Affairs Bureau (IACM) President Jose Fonseca Tavares said Monday that the new Patane Market Municipal Complex will come into service next Tuesday.
MTel Chairman and CEO Michael Choi Tak Meng said Monday that the government should release details on the city’s future 5G licences so that the local sector can prepare itself for the upgrade as other jurisdiction will launch the service this year.
Luxury hotel developer The 13 Holdings is planning to open its casino and retail shops by March 31, 2019, according to the company’s latest filing.