Hosting large-scale concerts gives Macao concessionaires a significant boost in gaming revenue by locking in high-spending players
Business
Because AI pilots were rushed onto legacy systems without first adjusting those underlying processes, the initial impact is fairly limited, comments Finoverse co-founder Anthony Sar
Macao hosted 385 MICE events in the third quarter, with both the number of events and overall attendance posting year-on-year growth
With gambling now off the table, the former satellite casino operator says it’s planning alternative entertainment offerings for the Grand Emperor Hotel
Local retailers reported a sales value of 16.96 billion patacas (US$2.12 billion) in the third quarter, up by 2.2 percent year-on-year and 5.8 percent quarter-on-quarter
Despite being a popular shooting location, and growing global demand for film-inspired tourism, Macao’s film tourism industry remains underdeveloped
Tai Peng’s four stores across Macao are scheduled to close on 30 November, as the business’s 80-year old owner is looking to retire
The government forecasts a healthy budget surplus of 5.31 billion patacas (US$658.44 million) next year, underpinned by a cautious but optimistic projection for gaming revenues
The finance firm’s survey finds high-end mass gamblers are spending more and come from increasingly diverse, high-income backgrounds