The company’s subsidiary, SJM Resorts, S.A., saw net gaming revenue climb to HK$26.85 billion, up from HK$20.06 billion in the previous year
Business
Full-timers employed by the gambling sector in Macao made up just under 14 percent of the city’s total labour force at the end of 2024
January’s delinquent loan ratio of 5.7 percent has nudged past the 20-year high of 5.5 percent that was set last November
Representatives from the Commerce and Investment Promotion Institute visited Dubai and the United Arab Emirates last week
Seaport Research Partners believes 2025 will see gross gaming revenue increase by 6.5 percent year-on-year, while JP Morgan has forecast a more modest 2 or 3 percent
The gaming operator recently announced it would pursue an ‘asset-light’ strategy, but CEO Lawrence Ho says Thailand would likely be an exception
The final tally represents an 86.4 percent recovery against the pre-pandemic figure of 2019 and is a 7.6 percent climb in GDP per capita
The city’s casinos reaped 19.74 billion patacas (US$2.47 billion) in gross gaming revenue last month, ending two months of consecutive year-on-year drops
Professor Rostam J. Neuwirth of the University of Macau says that AI’s oxymoronic definition creates both a major obstacle, as well as an opportunity