Author: Nadia Shaw, MDT
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Guangdong braces for a record 1.2 billion passenger trips during Lunar New Year
Guangdong’s cross-regional passenger trips during this year’s 40-day Spring Festival travel rush are projected to hit a record 1.159 billion trips, up 4.24% from 2025, the ... -
Jetfoil Madeira to be scrapped after 50 years of service
The Jetfoil Conservation Concern Group announced yesterday that the “Madeira,” the first Hong Kong-Macau Jetfoil to enter commercial service in 1975, has been relocated to its ... -
January GGR Posts 24% Surge
Casinos generated MOP22.6 billion (USD2.8 billion) in gross gaming revenue (GGR) last month. This is the second time since the pandemic that records have hit a ... -
LVS disappointed with Sands China’s Q4 EBITDA decline
Las Vegas Sands Corp. expressed disappointment yesterday with its Macau portfolio’s fourth-quarter EBITDA of USD608 million, citing a 390-basis-point sequential drop in margins to 28.9% after ... -
Sands China 10K goes regional
Registration opens Saturday for the fourth Sands China Macao International 10K, with 7,000 spots up for grabs in the main race and 3,000 in the Fun ... -
Guangdong CPPCC endorses 15th Five-Year Plan
Guangdong officials outlined priorities for the province’s upcoming 15th Five-Year Plan at a press conference on Jan. 26, highlighting growth in high-tech industries, robotics, AI, and ... -
DSEDJ tuition subsidy application window extended to 26 days
The Executive Council announced yesterday that the SAR Government plans to continue providing tuition subsidies to eligible residents enrolled in non-higher education institutions across Guangdong Province. ... -
Guangdong Province aims for 4.5%-5% growth in 2026
Guangdong Province, China’s economic powerhouse, is targeting 4.5% to 5% GDP growth in 2026, Governor Meng Fanli announced yesterday during the fifth session of the 14th ... -
Macau-Hengqin campus eyes over 20,000 students
Education and Youth Development (DSEDJ) director Kong Chi Meng touted Macau-Hengqin International University Town as a driver of cross-border innovations at the opening yesterday of the ... -
Civil servant sacked for flaunting Turbojet cabin
Ricky Cheng, director of the Hong Kong government’s Liaison Office in Tianjin, has been let go and will face a criminal probe after flaunting alleged free ... -
Central securities custody tops MOP110 billion with Hong Kong linkage boost
Macau’s debt securities under custody have surpassed MOP110 billion ($13.7 billion), Acting Monetary Authority of Macao president Simon Vong Sin Man revealed Wednesday during the fourth ... -
Macau Legend says Cape Verde takeover of resort project has no ‘legitimate basis’
Macau Legend Development Ltd. said the Cape Verdean government’s seizure of its long-stalled €250 million hotel and casino project has “no legitimate basis.” The Hong ... -
Jefferies forecasts 5% GGR growth for casinos in 2026
Jefferies analysts project Macau’s gross gaming revenue to rise by 5.3% in 2026 to MOP260.6 billion, following 2025’s full-year result of MOP247.4 billion, up 9.1% year-on-year. ... -
Casinos see whale betting surge amid profit margin concerns
Citigroup’s January table survey shows a 72.3% year-over-year surge in betting volume by “multiple huge whales” across Macau’s casinos. The findings come even as JP Morgan ... -
Hong Kong duo detained in casino VIP room scam
The Judiciary Police (PJ) apprehended a Hong Kong couple earlier this week on suspicion of orchestrating an “extremely large-scale fraud” involving forged documents, defrauding a non-resident ... -
Macau passport falls to 32nd
Macau’s passport has fallen one spot to 32nd in the Henley Passport Index’s (HPI) 2026 global ranking, granting visa-free access to 141 countries and territories. The ... -
Local air quality has hit prolonged unhealthy levels amid winter smog
Macau’s air quality reached “unhealthy” levels this week, with a leading local environmental advocate warning that the city is suffering its “longest continuing bad air quality ... -
Casino suspicious transactions drop 6% in 2025
Macau’s casinos reported 6.1% fewer suspicious transactions in 2025 compared with 2024, signaling tighter compliance in the world’s largest gambling hub. The Financial Intelligence Office (GIF) ... -
Gov’t utilizes over 340 smart devices in care homes to boost elderly care
Nursing homes and rehabilitation centers across Macau have installed more than 340 pieces of technological equipment to safeguard elderly residents, people with disabilities, and care workers, ... -
Macau revokes six publications, registers six new titles
The Government Information Bureau (GCS) revoked the registration of six publications in 2025 under Article 15 of the Press Law and related regulations, which mandate automatic ... -
Repairs begin at Lotus Station ahead of LRT expansion talks
Roof replacement works started yesterday at Lotus Station on the Light Rail Transit (LRT) Taipa Line to repair typhoon damage and upgrade the passenger waiting area. ... -
Sands China, SJM announce 2025 bonuses; Sands to raise staff salaries
Sands China and SJM Resorts announced discretionary bonuses for 2025, completing pledges from all six casino operators in Macau. The special one-month bonus statements follow similar ... -
MPU to launch classes in Hengqin University Town by September
As part of Macau’s push to expand higher education into mainland China, Macao Polytechnic University (MPU) confirmed it will launch postgraduate classes this September in the ... -
UM celebrates 45th anniversary with Open Day and robotics showcase
The University of Macau (UM) marked its 45th anniversary yesterday with a celebratory opening ceremony at the UM Lakeside Theatre, where government officials, students, alumni, and ... -
Northern District launches six-week consumer carnival to boost holiday spending
The Industry and Commerce Association of Macau Northern District launched a six-week consumer carnival on to boost holiday spending, targeting about 500 merchants with electronic coupons ... -
Macau, Guangdong study labor, security links for residents in GBA
Guangdong and Macau authorities are exploring ways to streamline social security policies for Macau residents in Hengqin and the Greater Bay Area (GBA) while promoting employment ... -
Business leaders optimistic about local tourism in 2026
Tourism and catering leaders expressed optimism yesterday about Macau’s 2026 economic prospects, citing a record 188,000 New Year’s Day visitors and successful discount campaigns, while advising ... -
Mavericks, Rockets confirmed to play in October
The Dallas Mavericks and Houston Rockets will play two NBA preseason games at The Venetian Arena in Macau on Oct. 9 and 11, Sands China Ltd. ... -
Fitch forecasts SJM retaining 50% of closed casino market share despite debt woes
SJM Holdings Ltd. is expected to hold onto at least half the market share from its shuttered satellite casinos through resource shifts and marketing gains in ... -
Lawmaker suggests walking routes to divert tourist boom to quiet communities
In an effort to channel benefits from Macau’s visitors into local economies, lawmaker Ngan Iek Hang has called for themed walking routes to steer Macau’s tourists ... -
JP Morgan: Gaming revenue forecast to rise 5-6% in 2026
Macau’s gross gaming revenue is forecast to rise 5-6% in 2026 on strength in the mass and slot markets, JP Morgan analysts said in a new ... -
Record 40 million tourists visit in 2025 as total trips reach historic high
Macau welcomed a total of 40.06 million visitors in 2025, contributing to a record 235 million inbound and outbound trips, the Public Security Police Force reported ... -
Governance, economic diversification, and global engagement mark a landmark year
Senior officials rang in the new year by hailing 2025 as a landmark year for governance and economic diversification, echoing President Xi Jinping’s message with vows ... -
AI widely embraced for learning, but fears of over-reliance remain
Nearly all secondary students in Macau use artificial intelligence (AI) tools to aid their studies, with 97% reporting usage and half crediting the technology for improved ... -
Morgan Stanley downgrades MGM China, upgrades Galaxy on royalty impact
Morgan Stanley downgraded MGM China Holdings to “equal-weight” from “overweight”, while upgrading Galaxy Entertainment Group to “overweight,” warning that surging royalty payments will erode MGM’s earnings. ...
