Author: Nadia Shaw, MDT
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LVS keeps Macau promotional spending high in push for premium players
Las Vegas Sands Corp. (LVS) has no immediate plans to curb promotional spending in Macau, even if the strategy weighs on short-term earnings growth, as it ... -
UTM records largest-ever intake with more than 1,000 new students
The Macao University of Tourism (UTM) welcomed more than 1,000 new undergraduate and postgraduate students on Friday, marking its largest intake in history as the institution ... -
Economy grows 3.7% in first half as visitor spending lifts
Powered by rising visitor arrivals and spending on tourism and gaming services, Macau’s economy grew 3.7% in real terms in the first half of 2026, although ... -
Shun Tak posts wider loss as revenue slips 12% in first half of 2026
Shun Tak Holdings Ltd. reported a wider loss for the first half of 2026, with revenue falling 12% amid continued pressure on its property and investment ... -
YOHO Gold Coast pushes phase 1 trial run to November
The trial operation of the revamped YOHO Gold Coast Hotel in Taipa has been pushed back to November, with the full renovation now expected to be ... -
Cross-border media internships offer 20 spots for Macau residents
As part of a GBA talent push and efforts to develop talent for the city’s cultural and creative industries under the “1+4” economic diversification strategy, Macau ... -
Two mainland men detained over HKD50,000 casino-chip scam
Two mainland Chinese men have been detained after allegedly using a forged bank-transfer screenshot to defraud a woman of HKD50,000 worth of casino chips, the Judiciary ... -
Success Universe issues loss warning after Ponte 16 casino closure
Success Universe Group Ltd., the latest Macau-linked operator to issue a 2026 profit warning, said its first-half loss is set to widen by 50% to 70% ... -
CBRE: Galaxy lifts dividend as Melco delays debt paydown
Galaxy Entertainment Group raised its interim dividend by 12.5% to HKD 0.90 per share, signaling confidence in cash-flow sustainability despite a softer second quarter, while Melco ... -
Sands China doubles interim dividend
Sands China Ltd. announced that it will double its interim dividend to HKD0.50 per share as part of its results for the six months ended June ... -
CAM granted rights to manage Taipa ferry aviation zone
The Macau International Airport Company (CAM) has been granted legal authority to manage and operate the aviation-designated zone at Taipa’s ferry terminal. The executive order, signed ... -
Paradise Entertainment flags HKD82.6 million first-half loss after Kam Pek closure
Hong Kong-listed gaming equipment supplier and former manager of Casino Kam Pek Paradise, Paradise Entertainment Limited, expects to record a loss of HKD82.6 million (USD10.5 million) ... -
Man remanded over attempted murder of woman at Cotai hotel
A mainland Chinese man has been remanded in custody on suspicion of attempted murder after allegedly attacking a woman with several sharp weapons in a vehicle ... -
Guangdong-Macau fair opens with 49 deals
Connecting companies from Macau, Guangdong, Hengqin and Belt and Road markets, the Guangdong and Macao Branded Products Fair (GMBPF) opened Thursday with 49 cooperation projects signed ... -
Analysts see long-term value in Wynn’s UAE bet despite higher costs, delay
Wynn Resorts’ plan to delay the opening of its Wynn Al Marjan Island resort in the United Arab Emirates and raise its budget by about USD600 ... -
Wynn leans on Macau strength as UAE project faces delay, cost rise
Wynn Resorts’ Macau business delivered solid second-quarter results even as unfavorable VIP hold trimmed earnings, while the company pushed back the opening of its Wynn Al ... -
Branded Products Fair to open as exhibitor count hits 18-year high
The annual Guangdong and Macao Branded Products Fair (GMBPF) will open Thursday with a record number of exhibitors for the past 18 years and a sharp ... -
Telecom operator advances ‘AI Macau’ vision with new digital infrastructure for smart city future
As artificial intelligence reshapes industries and economies worldwide, Macau’s leading telecommunications provider is repositioning itself as a key enabler of what executives describe as an “AI-powered ... -
Seaport: GGR expected to rebound in August, September
Macau’s gross gaming revenue (GGR) is expected to return to year-on-year growth in August and accelerate further in September as demand normalizes following disruption from the ... -
MGM China’s USD1.1 billion quarter masks margin squeeze from higher branding fee
MGM China posted broadly flat second-quarter revenue, but profit fell as a higher branding license fee charged by parent MGM Resorts weighed on earnings, even as ... -
Fire emergency calls and ambulance dispatches rise in first half of 2026
As Macau enters peak typhoon season, the Fire Services Bureau (CB) said it is stepping up safety inspections and public education efforts, even as fire calls ... -
The ‘pain of not paying’: Why smart tourism is about more than technology
Macau is a strong tourism destination with clear strengths in walkability, cleanliness, and visitor-friendliness, but its payment infrastructure remains a notable weak spot, according to Kyung ... -
14 arrested over alleged casino protection ring
Fourteen people have been arrested for allegedly running a protection racket at a Cotai casino, extorting at least HKD1.4 million from gamblers and others suspected of ... -
DSAL intensifies inspections targeting illegal work, unauthorized drivers and covert hiring
The Labour Affairs Bureau (DSAL) said it stepped up inspections in the first half of 2026 to curb illegal work, as authorities intensified joint operations targeting ... -
S&P: Macau and Singapore are Asia-Pacific’s safest gaming bets for investors
Macau and Singapore are the best-placed gaming jurisdictions in Asia-Pacific for investors, according to S&P Global Ratings. S&P also said regional gaming revenue is likely to ... -
Melco explores premium brands as trademark filing raises dragon-i Macau questions
Melco Resorts & Entertainment is exploring premium concepts as it weighs possible additions to its Macau resorts, as a trademark filing has fueled speculation about a ... -
Net service exports drive first-quarter economic growth
As the city’s gross domestic product rose 7.1% year on year, net service exports contributed 11 percentage points to Macau’s first-quarter economic growth, according to the ... -
New Hengqin wellness platform focuses on mental resilience amid AI transformation
The Grace Wellness Community has launched in Hengqin, bringing together educators, health practitioners, entrepreneurs and industry professionals to develop a platform focused on mental resilience, personal ... -
Galaxy pulls high rollers with non-gaming appeal despite storm
Galaxy Macau stood out in Citigroup’s latest table survey, with the investment bank noting that weekend volleyball matches helped draw affluent gamblers even as Typhoon Noul ... -
Analysts: Wynn Macau shifts focus to earnings growth over debt reduction
Casino operator Wynn Macau Ltd is prioritizing cash-flow growth through major capital projects over debt repayment, according to a recent research note from CreditSights. The recent ... -
A month after soft opening, The 13 Palace bets on heritage, hospitality and public appeal
The long dormant grandeur of The 13 is stirring back to life, no longer a symbol of past excess but a reimagined destination grounded in openness, ... -
Venetian Macao set for major facelift as LVS targets premium market rebound
Las Vegas Sands Corp. (LVS) announced a sweeping upgrade of its flagship property in Macau, even as second-quarter earnings fell on softer hold rates and a ... -
Las Vegas Sands reports lower profit in Q2 as Macau hold weighs
Las Vegas Sands Corp. (LVS) reported lower second-quarter profit as weak VIP hold rates in Macau and a temporary decline in visitation from high-value customers weighed ... -
IAM expands care network as aging population pressures increase
The local government is expanding support for caregivers and older residents after officials said a citywide assessment found more than 1,500 seniors with unusual emotional symptoms, ... -
Leong Pou U calls on gov’t to tie urban renewal policies to job creation
Lawmaker Leong Pou U voiced support for recent reforms to the government’s Building Maintenance Fund while calling on authorities to closely align urban renewal policies with ...
