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

Foreign teachers’ special entry scheme not extended to families

Questioned as to whether teachers may bring their families, Dr. Leong Iek Hou, coordinator at the local Center for Disease Control and Prevention said that “in principle,

Vilela says doubts remain on casino reversion in bill amendment

The UNLV Gaming Law Journal has this week published a study by a Macau-based gaming lawyer tackling the issue of casino reversion once concessions or sub-concessions expire.

Gov’t auditor suspects of rental fraud in cultural fund lease

Two shareholders of a business incubator had rented the same property twice during the same period in allegations of rental fraud recently uncovered by the Commission

Tourism Tax scope to remain unchanged under new law

  The amended version of the Tourism Tax Regulations will not have its scope of authority altered, a parliamentary committee was assured yesterday. The Third Standing

Lawmaker calls for details on outbreak plans for the vulnerable

While the government has assured the public that it is prepared for a possible mass outbreak of Covid-19, a lawmaker has requested that the government provide

Galaxy EBITDA down to HKD575m in Q1

Galaxy Entertainment Group’s (GEG) adjusted EBITDA in the first quarter was HKD575 million, down 33% year-on-year and down 45% from the previous quarter, according to an

Former VIP room staffers caught exchanging fake chip

Two former employees of a casino VIP room that ceased operations have been detained by the Judiciary Police (PJ) after attempting to exchange a forged gaming

China fights economic slump, sticks to costly ‘zero Covid’

China's leaders are struggling to reverse an economic slump without giving up anti-virus tactics that shut down Shanghai and other cities, adding to challenges for President Xi Jinping. The ruling Communist

Wynn Macau losses USD98.3m in Q1 amid tourism drought

As Macau’s market continued to experience decreased visitor numbers during the first quarter, particularly in the second half of the quarter, Wynn Macau recorded a

Citing Xi, CE instructs youth to remain patriotic

At a seminar recounting Chinese president Xi Jinping’s recent speech, Chief Executive Ho Iat Seng instructed local youth to retain a patriotic sentiment, among other advice.

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