08/29/22 Macau’s unemployment rate rose to 5.4% in May-July 2022 The Statistics and Census Service (DSEC) reported that the unemployment rate for residents rose by 0.6 percentage points in the period.
08/29/22 Authorities approve SJM Resorts plan to increase share capital The Macau government and SJM Holdings have approved SJM Resorts’ major share capital increase.
08/29/22 Macau announces new numbers for tables and slot machines from 2023 An executive order published in the Official Gazette imposes new limits for casinos from next year.
08/29/22 Macau received 103,16 visitors from August 20 to 26 That makes a daily tally of 14,737 visitor arrivals for the week.
08/29/22 Macau GDP down 39.3% for Q2 During the three months to June 30, exports of services fell by 48.6 per cent when compared to last year.
08/26/22 Macau should take leadership in diversifying its economy, analyst says On the second day of G2E Asia 2022 Special Edition: Singapore, analysts discussed the outlook for the Macau gaming market.
08/26/22 Melco’s roadshows generated US$544,516 in revenue for Local SMEs in H1 The company carried out more than 90 roadshows from January to June.
08/26/22 Paradise Entertainment posts US$11.2m loss for H1 The company’s net loss for the period widened three-fold on a year-on-year basis.
08/25/22 Wong Chui Lai steps down as Galaxy Entertainment company secretary Jenifer Sin Li Mei Wah has taken over as company secretary and authorised representative.
08/25/22 Macau will remain highly profitable for casinos, analysts say An analyst from Morgan Stanley Asia said capital expenditures are expected to fall while the local mass market is gradually recovering.
08/25/22 Macau police to set up anti-fraud communication channel with casinos Police held an anti-fraud meeting with representatives of the gaming concessionaires to discuss job scams and human trafficking involving Macau residents.
08/25/22 Macau gaming tax revenue down 37.1 per cent in year to date Tax revenue from gambling activities in Macau was MOP13.96bn (US$1.73bn) for the first seven months of this year.
08/24/22 Melco Resorts has 22-month liquidity runway, analysts say A Lucror Analytics report indicates that Melco Resorts & Entertainment Ltd has the best liquidity runway among its peers.
