Casino operator Las Vegas Sands Corp reported a year-on-year increase of 61.9 percent in net income in the second quarter of 2017 to US$638 million. The quarterly results were driven by strong performance at its Macau and Singapore subsidiaries, the firm announced on Wednesday.
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Wynn Resorts Ltd.’s new Macau resort came up short last quarter, failing to fully capitalize on the recovery in the world’s biggest casino market as construction nearby kept some guests away.
The first Beijing-Macau flight from Beijing Capital Airlines landed at Macau International Airport (MIA) on Tuesday, marking the beginning of flights bringing passengers to Macau from Beijing and then to the Lisbon terminal.
Macau Civil Aviation Authority said on Tuesday that the local government has requested the central government’s permission to reclaim land in the waters between the local airport’s two taxiways that link the runway and the apron.
Nepal’s human trafficking watchdog says young girls are being trafficked to Macau. According to local broadcaster TDM, the latest report of the watchdog also reveals there have been complaints over scams related to jobs here in the special administrative region.
Secretary for Economy and Finance Lionel Leong Vai Tac said at the weekend that the government will not be complacent after achieving good results in the Asia/Pacific Group on Money Laundering (APG) Mutual Evaluation Report (MER) 2017.
Secretary for Social Affairs and Culture Alexis Tam Chon Weng said that the government aims to turn Macau into a “cultural exchange centre”
The police busted a fake VIP gaming room in a hotel suite in Nape on Wednesday and arrested 19 gang members from the mainland.
The government will urge CTM to further lower its leased line and International Direct Dialling (IDD) service charges this year.