06/02/22 Sands China plans to reach net-zero carbon emissions by 2050 Sands China has announced long-term plans to reduce its carbon emissions.
06/01/22 The Londoner could open 6,000-seat arena in H2 The president of Sands China, Wilfred Wong, says the multi-purpose Londoner Arena could be opened depending on visitor numbers in the city.
06/01/22 Staff numbers at Macau hotels fell by 4.7% in Q1 Macau has 47,355 people working at hotels in the city.
05/30/22 Macau GDP down 8.9% for Q1 Macau’s gross domestic product (GDP) continued to fall in the first quarter of the year, dropping below 50 per cent of pre-pandemic levels.
05/30/22 Second Macau committee finishes reading of gaming law amendment bill A second standing committee has completed its reading of the gambling law with no major changes. The bill is scheduled to be sent to a plenary vote next month.
05/27/22 Macau should monitor satellite casino employees’ status, legislator says According to Ella Lei Cheng I, the government should closely monitor what happens to the employees of satellite casinos during the transition to Macau’s new gaming law.
05/26/22 Macau’s Million Dragon Hotel makes lay offs According to local media, the company is restructuring amid an uncertain outlook.
05/25/22 26.5% of Macau’s underemployed population is related to the gaming sector Employment in Macau’s gaming industry fell nearly 5.0 per cent quarter-on-quarter to about 72,700 in the first quarter.
05/24/22 Macau casinos’ net debt could reach US$25bn this year, analysts say Analysts at Morgan Stanley say this could be the figure if current travel restrictions remain in place.
05/24/22 Macau GGR up 100% in third week of May However, monthly GGR looks set to be down 85 per cent when compared to pre-pandemic levels.
