Sands China falls as local downturn causes forecasts miss

  Sands China Ltd. fell to a month low in Hong Kong after the Macau casino operator reported earnings that were worse-than-expected and billionaire chairman Sheldon Adelson said he’s uncertain about

Music – Education | Macao Orchestra visits schools

GT World Cup is a major addition to Grand Prix

The 62nd edition of the Macau Grand Prix, to be held from November 19 to 22, will feature a FIA GT World Cup race for the first time, as revealed

Gaming | Lionel Leong meets gaming operators to discuss policies

The secretary pledged to improve communication with unions to make sure that workers’ rights and interests have been adequately enforced. He also recalled during the meeting that gaming operators’ commitment

Gaming | Revenue to drop over 30 pct in April

Macau’s gross gaming revenue may drop by over 30 percent year-on-year with some gaming operators even forecasting a 40-percent decrease, data compiled by Lusa news agency shows. According to these

Study | Portuguese exert little political influence but lead in the legal sector

Contrary to the situation prior to Macau’s handover, the Portuguese community now exerts little political influence in the city, yet it still leads in the legal field, a study conducted

Passenger scare, Air Macau flight aborts in Bangkok

An Air Macau flight with 175 Thai and Chinese passengers aboard was forced to abort its flight to Macau on Tuesday after the passengers felt unsafe before a second take-off

Briefs | Pansy Ho part of TV consortium

A company led by the son of Deacon Chiu, the late former ATV chairman, has applied for a free-to-air TV license, in a bid to form a completely new broadcaster.

Survey | Residents’ show lack of green awareness

The Environmental Protection Bureau (DSPA) released its latest survey results on public environmental awareness to mark Earth Day (Apr 22). The result shows that Macau residents still lack a sense

Public services reshuffle concluded by year-end

The Secretary for Administration and Justice, Sonia Chan, has made assurances that the restructuring and reshuffling of the Civic and Municipal Affairs Bureau (IACM) is already in its final stage,

Caved-in road poses no risk

CCAC | Civil Engineering Lab employees involved in bribery case

According to CCAC, the two employees allegedly committed active and passive bribery as well as document forgery offenses — all regarded as illicit acts in Macau’s Criminal Code. These crimes

MGM dissident Litt says casino operator overbuilding again

Jonathan Litt, who’s pushing MGM Resorts International to put its properties into a real estate investment trust, stepped up his criticism of the casino company and accused a director of

Free trade zones expected to open doors

China  has set up new free trade zones in Guangdong, Fujian and Tianjin yesterday, expecting them to boost economic reform, promote trade and facilitate investment in new areas in the

Culture | Digital library about Macau launched

Sponsored by the Macau Foundation, the platform “Fontes Macau-China” (“Sources Macau-China”) has made available the digitalized versions of many old books. The resources will be introduced gradually, with an intended

Macau-born Roger Lobo dies at 91

Macau-born Rogério ‘Roger’ Lobo, a former Hong Kong lawmaker and one of the most esteemed members of the neighboring city’s Macanese community, died of cancer at the age of 91

Unregulated junket business blamed for gaming revenue plunge

The Macau Polytechnic Institute (IPM) professor told the audience last Monday during a Rui Cunha Foundation seminar on Macau gaming law that the disappearance of Huang Shan — a major

Gaming | Citi Research sees potential improvement

Citi Research has reported that according to its industry sources, Macau’s table GGR (Gross Gaming Revenue) for the first 19 days in April reached MOP11.5bn (or MOP12.1bn, if one includes

Briefs | BNU posts net profit of MOP443.3m

BNU announced its financial results for 2014. Besides increasing cash flow by 20.5 pct and net profit by 10.1 pct, the bank registered a 29.9 pct increase in credit granted

Crime | Police bust large Korean prostitution ring

At the press briefing held yesterday at PJ’s headquarters, police revealed that up to 21 Korean women ranging from 24 to 37 years of age were involved in the two-month

MACAU DAILY TIMES