January GGR beats analysts’ projections as revenues surge 67%

Macau’s casino revenues surged 67% year-on-year in January to MOP19.3 billion, beating analysts’ estimates as the sector continues its recovery ahead of the Chinese New Year.

Teens on social media need both protection and privacy – AI could help get the balance right

Meta announced on Jan. 9, 2024, that it will protect teen users by blocking them from viewing content on Instagram and Facebook that the company deems to

Patriotism important to SAR’s future

Both the Chief Executive, Ho Iat Seng, and Beijing’s highest representative in Macau, Zheng Xincong, yesterday emphasized the importance of patriotism and national security to

Member of pro-unification Nationalists elected speaker in a prize for China

Han Kuo-yu of Taiwan’s pro-unification Nationalists was elected speaker of the island’s legislature yesterday, a sort of a prize for mainland China. The Nationalists, also known as

January GGR beats analysts’ projections as revenues hit MOP19b

Macau’s casino revenues surged by up to 67% year-on-year in January to MOP19.3 billion, beating analysts estimates as the sector continually recovers ahead of the Chinese New Year. Data from the

Fresh poultry returns to city’s markets

The retail sale of fresh poultry meat will return to Macau’s market this Friday, following the temporary cessation of retail sales in the region in 2017

Sands confidence in further growth

Las Vegas Sands has set its sights on further growth in Macau, after its success in the region drove revenue up to USD10.38 billion.

Macau residents living in Hengqin now eligible for social security

Macau residents residing in Hengqin on or after Mar. 1 last year will be considered to be living in Macau as far as social securities are concerned,

Macau rebound key driver for Fitch’s projections for Wynn

Fitch Ratings has assigned a first-time ‘BB-’ Issuer Default Rating (IDR) to Wynn Resorts Limited and its subsidiaries in light of its expected improvement in Macau’s gaming

Bill suggests radio practice violators subject to both administrative and criminal charges

A parliamentary committee yesterday recommended the inclusion of a separate article in a bill about the bilateral prosecution of radio practice violators for clarity. The Third

Manufacturing contracts for a fourth straight month in January

A survey of factory managers in China released Wednesday shows manufacturing contracted in January for a fourth straight month, reflecting weak demand and a faltering recovery in

Taxi fares may hike 10% during the CNY

Macau may see a taxi fare hike of 10% just before the Chinese New Year (CNY), as the Macau Taxi Driver Mutual Association has long-called for

MGTO launches free bus, ferry tickets to Macau via HK

Tourists can claim free, one-way bus or ferry tickets from Hong Kong to Macau, the Macao Government Tourism Office (MGTO) has said in a statement.

2023 casino crime figures half of 2019

A total of 2,717 investigations related to casino crimes were conducted last year, the Judiciary Police (PJ) announced in a press conference yesterday. There were 5,428

Multiple bureaus combating ticket scalping

Government bureaus use several tactics to combat ticket scalping at events, President Leong Pek San of the Macao Consumer Council has told lawmaker Lo Choi

Beijing sees two ‘bowls of poison’ in Biden and Trump

As the U.S. presidential campaign moves closer to a Donald Trump-Joe Biden rematch, China is watching uneasily. First, there are concerns about

Evergrande ordered to liquidate after failing to restructure over $300 billion debt

A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed

Treasure Island Hotel officially opens with new retail brands

The YOHO Treasure Island Hotel has officially opened late last week, providing 600 rooms and multiple retail brands, following a number of delays. The

Hotel occupancy in 2023 grows to 81.5% amid surge in visitors arrivals

Hotel occupancy in 2023 went up by 43.1 percentage points year-on-year to 81.5% amid economic recovery following border reopening in January 2023. Data from

CE commends contribution of Macanese community in Macau’s socio-economic recovery

The Chief Executive Ho Iat Seng hoped that the Macanese community could “accurately grasp the development trajectory of our times, making full use of development

WP2Social Auto Publish Powered By : XYZScripts.com
MACAU DAILY TIMES