Operators embark on new game plan while tasked by government to play greater role in diversifying city’s economic, day-to-day life and guaranteeing local jobs.
Galaxy Entertainment Group
GEG Chairman Lui Che Woo says company has healthy balance sheet with cash and liquid investments of US$2.9 billion and net cash of US$2.5 billion as of 30 September.
Fest will screen 30 films including modern classics such as sci-fi epic Mariner of the Mountains and the award-winning Fogaréu.
1,256 participants from 249 teams join second edition of Macao’s award-winning startup competition for Portuguese-speaking countries and China.
131 contestants in fancy dress sprint from St Paul’s to Largo do Senado; race suspended by Covid-19 last year; MGTO hands out souvenirs to celebrate special day.
Group’s future performance may be impacted by further Covid-19 outbreaks, despite balance sheet showing net cash of HK$20.3 billion.
All six concessionaires united in praise for the government and optimism for the future of Macao’s economic mainstay.
Staff from two satellite casinos to be transferred to other GEG casinos and given training to adapt to new workplace as their employment terms remain unchanged.
Chairman Lui Che Woo points to solid balance sheet of HK$24.5 billion in cash, looks forward to Macao’s future recovery.