Sports betting seen as way to re-invigorate gaming industry

  Underdevelopment and lack of investment in the gaming industry’s sports betting sector is a missed opportunity “that the government seems in no hurry to fix,” according to a Forbes article. Currently  

Environment | Gov’t launches ‘polluter-pays’ principle on construction landfill fees

A new proposal by the Environmental Bureau suggests the introduction of a multi- level fee system for discarding construction waste. According to the bureau, this could reduce construction residue by up

Casinos fall as November gambling revenue forecast cut

Macau casino shares fell in Hong Kong after Wells Fargo & Co. cut its forecast for November gross gaming revenue due to worse-than-expected gambling data from the city’s casinos so far this

Jim Murren Chairman and CEO, MGM | What’s good for Macau ‘is good for MGM’

Jim Murren, 53, believes whatever works for Macau works for MGM, paraphrasing his mentor and long time boss Kirk Kerkorian who passed away this year. “Mr Kerkorian told me once

Political group calls for probe over land reserve handling

Three members from the Macau Community Development Initiative (MCDI), which is supported by lawmakers Au Kam San and Ng Kuok Cheong, approached the Public Prosecutions Office and the Commission Against

‘The Phenomenon’ competing in Macau PokerStars event

Football legend Ronaldo Nazário de Lima, dubbed by sports fans “The Phenomenon”, is currently in the territory, not to take to the pitch but to instead hit the felt of

Public car park management firm issues unlawful monthly passes to users

Macau Forehap Parking Management Limited is facing a maximum fine of MOP250,000 after admitting to the Transport Bureau (DSAT) that it issued government-unauthorized monthly passes to users of Comendador Ho

CRIME | Illegal migrant commits burglary in three separate Taipa eateries

The Public Security Police Force caught a mainland Chinese man yesterday morning red-handed after he was captured on a surveillance camera attempting to steal goods from a Taipa restaurant. The 37-year-old

Alexis Tam | Carmo area to be revamped into entertainment hub

The Secretary for Social Affairs and Culture stated yesterday that the government intends to revamp Taipa’s Carmo area and find a new use for the Taipa Houses–Museum. During a visit

Architect favors Hotel Estoril preservation

The architect José Manuel Fernandes is in favor of the preservation of the Hotel Estoril, arguing that the building is part of the collective memory of Macau. Interviewed by Radio Macau,

‘Guide of the Portuguese Citizen in Macau’ launched

The “Guide of the Portuguese Citizen in Macau” is a book that seeks to answer most of the questions raised by Portuguese national’s with an interest in Macau. As the

Research foresees promising future for hospitality sector

Research conducted by higher education institutions and entrusted to the Talents Development Committee has hinted at broad prospects for practitioners in gaming, catering, retail and conventions. According to the government think-tank,

Alexis Tam explains why Uber deemed illegal

The Secretary for Social Affairs and Culture, Alexis Tam, declared last Saturday that he does “not agree with the provision of transport services in private vehicles by Uber”, stating that

Large computer graphics conference to be held in town

Asia’s most extensive conference and exhibition on computer graphics and interactive technologies is slated to come to Macau next year, showcasing cutting-edge software and hardware for animation production in the

Cristina Morais appointed Forum Macau coordinator

After she was appointed by the Secretary for Economy and Finance as Coordinator of the Supporting Office to the Permanent Secretariat of the Forum for Economic and Trade Cooperation between

Statistics | Local business capital surges 87.4 percent

Government data released last week indicated that registered capital, the amount of capital available to shareholders, significantly increased by 87.4 percent year-on-year to a total of MOP 377 million for

Mid-term gaming industry review to conclude this year

The government expects its mid-term review of the city’s gaming industry to be complete within this year, the Secretary for Economy and Finance announced on Friday. According to Lionel Leong,

Anti-smoking inspectors fine almost 30,000 people

These figures show that until October 31 last year, agents undertook an average of 663 inspections on a daily basis. According to a statement issued by the Health Bureau on Friday,

Residents disappointed over lack of ‘inflation relief’

Residents who have been expecting the fall in inflation over the last year to have an impact on food prices have been disappointed. TDM reported that many residents did not

Analysis | Decline in gaming stocks could be coming to an end

Investors and gaming analysts are speculating as to whether the positive casino revenue from October is a sign that Macau’s gaming stocks are starting to recover, or that the recent

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