Casino operator Melco Resorts and Entertainment Ltd on reported on Thursday a 86.9 percent year-on-year increase in profit for the third quarter of 2017.
Tourism
UNESCO Director-General, Irina Bokova has announced the designation of “Macao, China” as a new member city of UNESCO Creative Cities Network in the field of Gastronomy according to a official statement of the government
Visitors arrivals with MOP 120,000 or more in cash (or the equivalent in other currencies) or bearer-negotiable instruments, such as traveller’s cheques, cheques, drafts, payment orders and promissory notes, must fill in a declaration form and use the “red channel” at customs.
As next year’s forum features the 28 European member states, GTEF will be on a larger scale than this year which featured 16 central and eastern European countries and Guizhou province.
Taleb Rifai, secretary-general of the World Tourism Organisation and honorary chairman of the Global Tourism Economy Forum, said the challenge for every country was to ensure that growth and sustainability, progress and preservation go hand in hand.
Macau recorded 920,631 visitor arrivals during the mainland’s eight-day National Day/Mid-Autumn Festival Golden Week holiday on October 1-8, the Macau Government Tourism Office (MGTO) said in a statement Monday.
A total of 16 Central and Eastern European countries (CEECs) will participate in Macau’s two-day 2017 Global Tourism Economy Forum (GTEF) later this month.
The Macao Government Tourism Office expects the number of Macau’s visitor arrivals to reach up to 40 million in 2025.
The global revenues of the 10 gaming and gambling companies in Macau in 2016 totalled 229.00 billion patacas (US$28.6 billion), a contraction of 1.8% compared to the figure recorded in 2015, the region’s Statistics and Census Bureau (DSEC) said.