Net income also stood at US$297 million for the period, compared to a loss during the first three months of 2023.
Business
Comments from the Centaline agency come as lawmakers meet this afternoon to vote on the scrapping of all market curbs.
The game was responsible for some 60 percent of the 57.33 billion patacas in gross gaming revenue recorded for the first three months of 2024.
There’s a new talent acquisition scheme on the horizon for top performing students at Macao universities prepared to work in selected sectors.
First quarter figures are 13 percent higher than the previous quarter, but are still considerably short of those recorded in pre-pandemic 2019.
The SAR could become the first Chinese territory to legally engage in the trade of spot bitcoin and ether, with some local firms claiming they have been given a go-ahead.
The bill has been approved by the Legislative Assembly, but lawmakers José Pereira Coutinho and Che Sai Wang say it is flawed.
News that the local government is scrapping punitive duties originally intended to curb speculation has been welcomed by agents and homebuyers.
The forecast is based on the assumption that mainland Chinese visitors will rebound to 90 percent of 2019’s pre-pandemic levels, in spite of China’s economic slowdown.