Gov’t U-turn on satellite casinos to particularly benefit SJM

SJM Holdings Ltd. shares rose to as much as 9.7% yesterday following the government reversing its decision on the gaming law amendment that all casinos would mandatorily

Mother apprehended after allegedly abandoning baby

The Judiciary Police (PJ) announced yesterday that the mother who allegedly abandoned her newborn infant on Saturday afternoon had been arrested. The police reported

Proposed bill steps back to current law in force

The government has decided to abandon the idea to promote major changes to the new gaming law concerning the gaming concessionaires’ ownership, the amended version of the

Casinos’ mandatory contribution to social funds might be waived

The rules mandating that gaming concessionaires must contribute annually with fixed percentages from their annual gross gaming revenues to the Macao Foundation (2%) as well as

ANM petition to parliament on old trees awaits gov’t responses

A parliamentary committee will invite responses from the government regarding a petition on the scrutiny of old tree protection submitted by a local community group.

Hengqin agencies considering permission for Macau teachers to teach

Convenient mechanisms to allow Macau teachers to teach in Hengqin are being investigated, Carmen Maria Chung, a legal official for the Guangdong-Macao Intensive Cooperation Zone in

HK duo arrested for allegedly bribing Wynn Macau executive

Two air-conditioning maintenance personnel were charged by a Hong Kong law-enforcement entity May 13 on allegations of offering bribes to a Wynn Resorts (Macau) S.A. executive.

Taiwan’s legislative report calls on law changes for Hong Kong and Macau

Taiwan's legislature is calling to protect its national security, citing a need to review its policy in categorizing Hong Kong and Macau as “foreign countries.”

Approved residential mortgage loans reach MOP2.7b

New residential mortgage loans (RMLs) approved by Macau banks rose by 29.7% month-to-month to MOP2.66 billion in March, data from the Monetary Authority of Macao shows.

Labor bureau assures supervision on non-local workforce size

Lawmaker Ron Lam was assured by the Labour Affairs Bureau (DSAL) that it would closely monitor the size of non-local workforce and prioritize jobs for local

CE orders investigation on cultural fund

After the revelation of malpractices in the Cultural Industry Fund (FIC), Chief Executive (CE) Ho Iat Seng has ordered an investigation on the matter, the government

Vocational courses register growth in 2021

A total of 1,436 courses were organised in 2021, an increase of 6.9% year-on-year, according to the Statistics and Census Service (DSEC). The total number of participants

Gov’t drops casino venue ownership rule to save satellites

The government has amended the contentious rule that aimed to establish that all casinos would mandatorily be located in venues owned by the concessionaires. The amendment was

Casino stocks rally as gov’t considers tax reduction if operators bring foreign players

Casino stocks in the U.S. trading market rallied on Friday following the SAR government’s announcement that it is considering lowering the gross gaming revenue (GGR) taxes

Baby abandoned near Border Gate

The Judiciary Police (PJ) disclosed yesterday afternoon that it had been notified about the discovery of a baby that had allegedly been abandoned next to a trash

AAEC dismayed with court’s denial of extension appeal following language hitch

The Court of First Instance (TJB) has denied the 30-day extension request filed by the Asian American Entertainment Corp Ltd (AAEC), following the court’s decision in

Health authorities allow quarantine hotel bookings until August

Taking into account the arrival of the summer season, the government is enforcing new rules for booking quarantine hotels in Macau, the representative of the

Second phase of footprint record system to conclude this month

Health authorities’ bid to place footprint recording location QR codes as a Covid tracking mechanism in as many locations as possible is approaching the conclusion of

Group expects economy to run slow from May to July

Macau Economic Association (MEA) forecast the city’s economy to experience a low growth in the months from May to July, with the Prosperity Index expected to

Macau waiting for neighbors’ experience before reducing quarantine period

Local health authorities are waiting to the see the outcome of lowered restrictions in neighboring regions before deciding on similar measures in Macau, as stats prove

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