Gaming | Billionaire James Packer steps down as Crown Resorts chairman

James Packer, Australia’s third-richest man, stepped down as chairman of Crown Resorts Ltd as he seeks to focus on developing the casino group’s resorts overseas. Packer, with a net worth of

Genting Singapore profit plummets amid Asia gaming downturn

Genting Singapore Plc’s second-quarter profit fell to less than a 10th from a year earlier amid a slowing gaming industry in Asia and as the company suffered unrealized currency losses.

29th MACAO INTERNATIONAL MUSIC FESTIVAL | BBC Philharmonic and Icelandic musician Ólafur Arnalds to take to the stage

The 29th Macao International Music Festival is returning to town from October 4 until November 1, featuring a variety of local, Chinese and international artists - all of whom have

Two bureaus welcome new vice heads

The Land, Public Works and Transport Bureau’s acting deputy director Cheong Ion Man was named as vice head of the agency on August 1, while Cultural Affairs Bureau acting vice

Ung Vai Meng highlights new VP’s abilities

The president of the Cultural Affairs Bureau (IC), Ung Vai Meng, has said that he has confidence in Chan Peng Fai’s ability to serve as IC’s vice-president.  Mr Chan, who

MDT Report | Yuan devaluation could negatively impact mass gaming market

Macau’s mass gaming market could be negatively impacted by China’s devaluation of the yuan, according to Union Gaming Research analyst Grant Govertsen. “Based on the current two-percent decline in value of

MDT Report | Mixed feelings among local retailers over weakened renminbi

Local small and medium-sized retailers have generally shrugged off the news of China’s decision to devalue its currency, announced by the Central government on Tuesday, while jewelers and watch-sellers expressed

Hundreds swindled out of joint MOP8.53 million in phone scams

A joint investigation launched by Macau and Taiwan’s police authorities led to the arrest of two Taiwan residents in connection to phone fraud charges. The nature of phone scams varies, but

Alexis Tam keen on solving Macanese doctor exam

The Secretary for Social Affairs and Culture, Alexis Tam, has acknowledged his surprise in learning that a Macanese doctor, who had completed her degree at the University of Coimbra’s Faculty

Breakthrough genome database launched for public healthcare policies

The medical breakthrough in the region, led by scholars at the Macau University of Science and Technology (MUST) and from the Hong Kong Polytechnic University, was believed to serve as

Q&A at the AL | Chui ‘cautiously optimistic’ on gaming, tourism

The Chief Executive (CE) Chui Sai On attended a Q&A session at the Legislative Assembly (AL) yesterday answering a total of 32 lawmakers’ inquiries covering concerns over industrial development, regional

Elderly petitioners scuffle with police

The group of petitioners demanded to enter the AL building to listen in on the CE’s Q&A session with lawmakers and to deliver the petition letter to him. Being barred

Public consultation on Estoril revamp extended

The public consultation period on Hotel Estoril’s renovations will be extended until September 20, the Secretary for Social Affairs and Culture, Alexis Tam, told Radio Macau yesterday. While it was

Gaming | SJM’s first-half profit falls 54pct

SJM’s profit fell by 54.1 percent year-on-year in the first half of 2015, the company said in a filing yesterday to the Hong Kong Stock Exchange. The profit for the six

Report: Melco readies for poor Macau outcome

  Melco Crown Entertainment has confirmed that Studio City International Holdings appointed Moelis and legal firm Kirkland & Ellis “because of the possibility that the table allocation for Studio City’s gaming

Australia | SkyCity eyes Adelaide casino expansion to lure more high rollers

SkyCity Entertainment Group Ltd. needs to complete development of the Adelaide casino site to attract a bigger share of the Asian high-roller market, Chief Executive Officer Nigel Morrison said. SkyCity increased

Netizens back allegedly illegal food trucks at Cotai worksites

Sympathy amongst local Internet users poured in after footage was released by the Chinese online media outlet Macau Concealers yesterday showing allegedly illegal vendors selling beverages and food to immigrant

AL PLENARY | Sai Van Bridge: Final decision on motorcycle lane by 1Q next year

The government is looking to make a final decision on whether to retain the special lane for motorcycles on Sai Van Bridge by the beginning of next year, the Secretary

AL PLENARY | Gov’t to introduce new food safety regulations by 2017

The government is planning to draft further regulations on food safety by 2017, according to the Civic and Municipal Affairs Bureau (IACM) president Alex Vong. “We have administrative regulations And

Briefs | CY Leung in Zhuhai today

Hong Kong Chief Executive CY Leung is currently visiting Zhuhai with other senior government officials. He plans to meet with leaders of the Zhuhai Municipal Government. Mr Leung will also

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