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Gaming
“Don’t hold your head high; don’t offend others by words; be big-hearted.” These are Galaxy chairman Lui Che-woo’s messages to Sands boss Sheldon Adelson, after the American gaming entrepreneur said last week that Galaxy had made a huge mistake
Economy
The Monetary Authority said the economic contraction is likely to continue for the second half but at a slower pace
Economy
The downturn shows no sign of turning around. Last month, the total number of tourists to Macau was the lowest of the previous 32 months, since September 2012
Politics
The committee examining the changes to the smoking law explained that its work may take one year given their workload and the number of opinions to be taken into account. The introduction of the universal smoking ban at the beginning of next year now seems a mirage
Politics
The director of Chan’s camp, Chan Tak Seng, said that they were appealing because of flawed evidence collected by the graft watchdog for the case
Society
Last year, the Fund experienced a faster increase in its expenses supporting the city’s pension and allowances, while income has seen more sluggish growth due to the slowdown in gaming revenue
Gaming
The proportion of gaming revenue from VIP play continued to shrink in the second quarter, occupying only 55.5 per cent of casino revenue here, govt data reveals. VIP revenue is down by 42.2 pct from a year ago
Gaming
Last Monday, casino stocks climbed after the Macau Government conceded the possibility of allowing smoking lounges in casinos. Sterne Agee CRT says investors are overreacting
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