29.4 C
Macau
Tuesday, October 24, 2017
Casinos and slot machine parlours that failed the most recent air quality tests have until tomorrow to submit plans to reduce the size of their smoking areas, the Health Bureau says. The 16 gaming establishments that failed the second round...
The city accommodated 1,016,123 visitors during the eight days of the National Day Golden Week and the day leading up to it, a jump of 10.14 per cent when compared to the same period last year, the latest data...
In the latest episode in the legal saga between Sands China and fired chief executive officer Steve Jacobs, last week, attorneys for the company filed papers asking the case to be put on hold until the result of an...
Bank’s operating results reached MOP689.7 million (US$86.2 million) in August, up by 32.7 percent year-on-year, our sister publication Business Daily reports. According to data released by the Monetary Authority of Macau on Friday, the sector’s profit registered an improvement from...
Second-half net profit rose 15.4 percent to HK$353.9 million (US$45.6 million) at VIP gaming investor Neptune Group Ltd. The increase “denotes our organic and inorganic growth” through profit-sharing deals with junket promoters, the company told the Hong Kong Stock Exchange. Neptune...
Nobel prizewinning economist Robert Engle has advised Macau to invest more of its reserves in places other than China to spread the risk. Mr Engle said this would make the city’s economy more resilient in the event of downturns in...
PokerStars Macau at Casino Grand Lisboa hosted the biggest and richest ever ‘Macau Poker Cup: Red Dragon’ from February 18 to February 26 and set several new records for poker in Asia, the company announced. In total, the nine official...
James Saft Reuters columnist Call it status anxiety, call it greed or just call it clever momentum trading, but the fear of missing out is an under-appreciated force in financial markets. No one likes to miss out on a good thing, especially...
The government has allocated a second supplementary budget for the Cultural Fund in a total value of MOP50 million for the remainder of the year. According to a government dispatch signed by Chief Executive Chui Sai On and published yesterday...
Very soon after the magnitude of the 2008 financial crisis became clear, a lively debate began about whether central banks and regulators could – and should – have done more to head it off. The traditional view, notably shared...
Gaming industry supplier Scientific Games Corp has appointed Gavin Isaacs to succeed David Kennedy as president and chief executive with immediate effect. Mr Isaacs has held senior positions in other gaming industry suppliers and was recently chief executive of SHFL...
Casino operator Galaxy Entertainment Group Ltd has announced that it will give employees shares in the company this month, and give them annual bonuses equivalent to pay for a 14th month’s work. The company said it would also pay 14th...
The government will spend MOP860 million on building the new Macau wholesale market and allot an extra year for its construction, which is expected to be finished by 2016. According to the Official Gazette, the Guangdong Nam Yue Group...
Cosmetics retailer Sasa International Ltd recorded turnover of HK$1.52 billion (US$190.5 million) in Macau and Hong Kong for the first three months of this year, plunging 17.9 per cent compared to the same period of last year. In a filing...
PokerStars Macau announced on Friday that the 17th instalment of the Macau Poker Cup – Red Dragon series will take place at Grand Waldo from January 11 to January 20. The Macau Poker Cup features an HK$11,000 (US$1,419) Red Dragon...
Families affected by coach crash to remain housed by the Social Welfare Bureau.
In a statement released yesterday, the Bureau of Telecommunications Regulation (DSRT) announced that the four mobile operators have won licences to run fourth-generation wireless (4G) telecommunications services: they are Companhia de Telecomunicações de Macau SARL (CTM), China Telecom (Macau)...
By Luciana Leitão Official data show that the number of VIP gaming promoters operating legally in Macau is the highest ever. There are 219 licensed companies and individuals, 13 percent more than a year ago, annual data released last month...
The sales revenue of the Wine & Dine Festival has increased by 68 per cent year-on-year, the president of the Wine Society of Macao, Filipe Cunha Santos, told Chinese language newspaper Macao Daily. According to Mr. Santos, the five-day...
The Secretary for Economy and Finance Francis Tam Pak Yuen said yesterday there is little supply available for new gaming tables until next year. The number of live gaming tables at Macau’s casinos reached 5,498 by the end of June,...
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