Macao’s gaming concessionaires are set to close 11 satellite casinos by year-end, but will be required to retain the approximately 5,600 workers affected
Business
Lawmaker Nick Lei Leong Wong wants visitors to venture off the beaten track in Macao’s historic centre, so more businesses can benefit from their spending
Macao’s overall residential property price index rebounded slightly in the February-April period, compared with January-March
The hotel could be renovated to better ‘meet the demand of business and budget travellers,’ Galaxy chairman Francis Lui has said
Seaport Research Partners has predicted a 13.7 percent month-on-month decline in gross gaming revenue and expects it to come in at just 17.85 billion patacas
Residents’ preference for shopping on the mainland and the exclusion of large supermarket chains in the government’s consumption drive are taking a toll
The SAR’s residential property sales totalled 78 in the initial half of May, down by 72 units in comparison to the last half of April
The official forecast of Macao’s gross gaming revenue in 2025 has been slashed from 240 billion patacas (US$28.8 billion) to 228 billion patacas (US$27.36 billion)
The casino concessionaire’s chairman, Francis Lui, wants to see more hotels built on neighbouring Hengqin island to tackle the SAR’s room shortage