Daily Archives: Wednesday, May 7, 2025
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US casino operators face rising geopolitical and economic risks: Fitch
U.S. casino operators in Macau are facing mounting geopolitical risks amid intensifying trade tensions between China and the United States, according to a recent report released ... -
Gaming Casinos hit Golden Week jackpot
The premium mass gaming sector soared to record levels during the recent Golden Week holiday, reflecting strong player enthusiasm despite ongoing Sino-U.S. trade tensions. Citigroup’s monthly ... -
GDP declines 1.3% in Q1 despite increase in visitor arrivals
The Macau Statistics and Census Bureau (DSEC) has reported a 1.3% year-on-year decrease in gross domestic product (GDP) attributed to changes in tourist consumption patterns, with ... -
Lawyer criticizes authorities for detaining protester, calls legal system ‘predictable and unreliable’
May 1, Labor Day, saw the Macau police arrest a man for allegedly violating the city’s Assembly and Demonstration Law by displaying and shouting slogans outside ... -
Beyond a possible Asian or African pope, what are the priorities of the cardinals
Cardinals electing a new pope have some fundamental questions to weigh, beyond whether to give the Catholic Church its first Asian or African pontiff, or a ... -
850,000 visitors flock to the city during Golden Week holiday
Macau saw a surge of 850,034 visitors during the five-day Labor Day Golden Week holiday from May 1 to 5, according to preliminary data from the ... -
CCAC uncovers alleged listing fraud in HKEX involving construction firm
The Commission Against Corruption (CCAC) uncovered an alleged case of listing fraud involving a Macau-based construction company and a Hong Kong accounting group. According to the ... -
Worker injured in partial collapse of A3 Bridge platform after falling into sea
A partial collapse of a temporary construction platform at the A3 Bridge site, linking Zone A of Macau’s new landfills to the peninsula, has resulted in ... -
Gov’t seeks pilot sites for expanded no-smoking areas in public spaces
The Health Bureau (SSM) is seeking pilot sites for designated smoking areas as part of its efforts to expand outdoor smoking restrictions to include school and ... -
Population rises slightly amid shifts in demographic indicators
Macau’s population reached 687,900 by the end of the first quarter of 2025, marking a year-on-year increase of 1,500, according to the Statistics and Census Service ... -
Man rescued from illegal lenders in Cotai casino case
A man from mainland China was imprisoned after borrowing money from illegal lenders to gamble at a casino in Cotai. The man borrowed HKD280,000 in chips, ... -
PJ bust drug trafficking ring
The Judiciary Police (PJ) uncovered a drug trafficking case, arresting three individuals, including a 33-year-old Vietnamese male foreign worker, for allegedly supplying drugs to a couple. ... -
DSAL and Wynn launch culinary apprentice program
The Labour Affairs Bureau (DSAL) and Wynn Resorts Macau have launched the “Wynn Culinary Apprentice Program,” accepting applications from May 7 to 13. The initiative offers ... -
Threatened by Trump tariffs, Japan walks a delicate tightrope between US and China
Just as Japan’s top trade negotiator traveled to Washington for another round of tariff talks last week, a bipartisan delegation bearing the name of “Japan-China Friendship” ... -
Crowds flock to celebrate the century-old Bun Festival
Crowds flocked to the outlying Cheung Chau Island in Hong Kong to celebrate the Bun Festival, held each year in a century-old tradition to ward off ... -
MGM Promotes Regional Integration Between Hengqin and Macau
In collaboration with the Guangdong Office of the Macao Chamber of Commerce and with support from the Economic Development Bureau of the Guangdong-Macao In-Depth Cooperation Zone, ... -
2001 Thousands greet Pope in Syrian visit
Thousands of people have turned out to greet Pope John Paul II on his historic visit to Syria. The pontiff drove in his popemobile through the ... -
Zhao Xintong becomes Asia’s first world champion after match-fixing ban
Zhao Xintong of China became Asia’s first world snooker champion after beating Mark Williams 18-12 in the final yesterday [Macau time], completing a remarkable career turnaround ... -
US imposes sanctions on ethnic militia for ‘facilitating cyber scams’
An ethnic militia in southeastern Myanmar that has been sanctioned by the United States for alleged involvement in human trafficking and online scams yesterday denied the ... -
Trump threatens a 100% tariff on foreign-made films, saying the movie industry in the US is dying
President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S. In a post last weekend on his Truth ... -
Strong personal rapport of heads of state cements and guides China-Russia relations
Chinese President Xi Jinping’s visit to Russia from Wednesday to Saturday will be his 11th and it marks yet another milestone in the enduring partnership between ... -
Wednesday, May 7, 2025 – edition no. 4711
* Friendly fire? — US casino operators face rising geopolitical and economic risks, Fitch predicts as trade war rages * Gaming | Casinos hit Golden Week ...
