Gaming | Morgan Stanley projects casino EBITDA up to 140% in Q4 versus Q1

The casino industry’s earnings before interest, taxation, depreciation and amortization (EBITDA) in Macau in the fourth quarter (Q4) of 2020 is forecast to increase by a whopping 140% from the

In Memoriam – Sheldon Adelson

Sheldon Adelson was a visionary in many ways. He was the first one to realize that there was room in Las Vegas for a privately-owned large convention center, and the first

Gaming | Melco’s earnings to worsen in 2021: Moody’s

Moody’s Investors Service Inc has stated that the business performance of Melco Resorts and Entertainment Ltd is forecast to go downhill in 2021, mainly undermined by its worsened ratio of

5.92 million | 2020 visitor numbers show how city was hard hit by Covid-19

Macau tourist arrivals in 2020 plummeted to 5.92 million, a far cry from the visitor numbers in 2019, representing an 85% year-on-year decline. Last year, the city reached the officials’ expectations

Q4 tourist price index down 15.2% year-on-year

Macau’s Tourist Price Index (TPI) for the fourth quarter (Q4) of 2020 dropped by 15.26%, year-on-year to 118.21, mainly driven by the reduced prices of hotel rooms and clothing, according

Operators within airport encourage staff to be tested for Covid-19

Companies operating within the premises of the Macau International Airport (MIA) are encouraging their staff members to be tested or re-tested for Covid-19, the Times learned from a source within

Portuguese in HK unhappy with exclusion from voting on presidential election

Portuguese nationals residing in the neighboring region of Hong Kong (HK) are disgruntled with the fact that they will not be able to cast their votes for Portugal’s 2021 presidential

New road link in Taipa opens to traffic

  A new road link in Taipa opened to traffic yesterday, providing an alternative for those traveling from the Avenida Marginal Flor de Lótus to access the Avenida dos Jogos da

Survey shows stable performances of gaming staff

The annual survey of casino resort staff performance showed that they have demonstrated steady performance, as the Gaming Service Index (GSI) in 2020 increased slightly, rising by 1.28% compared to

Locals invited to pick ‘excellent services’ for new Macau award

A new award, named the Macau Service Excellence Award, will be given to celebrate local efforts for improvement amid the impact of the Covid-19 pandemic, and invites the local population

G2E Asia to be held in August

  Global Gaming Expo (G2E) Asia will return to the Venetian Macao from August 17 to 19. Traditionally held in May, organizers said that the August convening will allow exhibitors and

Covid-19 WHO team arrives in Wuhan to investigate pandemic origins

A global team of researchers arrived yesterday in the Chinese city where the coronavirus pandemic was first detected to conduct a politically sensitive investigation into its origins amid uncertainty about

Hong Kong | Internet firm blocked website over security law

A Hong Kong internet service provider said it had blocked access to a pro-democracy website to comply with the city’s national security law. In a statement emailed yesterday, Hong Kong Broadband

This day in history | 1999 Putin takes over as Yeltsin resigns

Mr Yeltsin made the shock announcement live on Russian television and said Prime Minister Vladimir Putin will take over as acting president, with elections now due to take place on

USA | Trump impeached after Capitol riot in historic second charge

President Donald Trump was impeached by the U.S. House for a historic second time, charged with “incitement of insurrection” over the deadly mob siege of the U.S. Capitol in a

TRAVEL (don’t!) | India Partying hotspot Goa counts losses, braces for change

The unspoken fear of the coronavirus is sapping Goa’s vibrant beach shacks and noisy bars of their lifeblood. A Portuguese colony until 1961, this western Indian state usually comes alive in

TASTE OF EDESIA | Magic on the teppan

When one thinks of teppanyaki, sophistication is not expected as the cooking method of using teppan, a metal plate, is often associated with overcooked heavy meat and dry texture that

Macau Racing Tips | The Dallas 1500 Metres Turf 2020-01-16 | Sat | 15:10

Simon Fubuki has his edge again for this coming Saturday’s turf race, although he draws gate nine, but I believe he can overcome this wide draw with ease. He is racing

The Buzz | US ambassador to UN and Taiwan’s president meet virtually

Her trip canceled in the final days of the Trump administration, U.S. Ambassador to the United Nations Kelly Craft instead met virtually yesterday with Taiwan’s President Tsai Ing-wen and

Lawyer, others arrested by Hong Kong national security unit

Hong Kong police yesterday said they arrested 11 people on suspicion of assisting offenders who are believed to be the 12 Hong Kong activists detained at sea by mainland Chinese

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