MGM ends talks with Wynn about acquiring Boston casino

MGM Resorts International ended discussions with Wynn Resorts Ltd. about buying that company’s nearly finished casino outside Boston, saying it would focus on its existing Massachusetts

Moody’s maintains Macau’s ‘Aa3’ rating

Moody’s Investors Service, an international credit rating agency, announced yesterday that it has confirmed the Macau SAR’s long-term issuer ratings at “Aa3” with a “stable” rating outlook. It said

Legislative Assembly | HK, Singapore tougher on corruption than Macau, says Agnes Lam

Hong Kong and Singapore are much tougher on corruption than Macau, said lawmaker Agnes Lam yesterday at the Legislative Assembly (AL), citing relatively lenient punishments in

Hengqin theme park to star ‘Hunger Games’ and ‘Twilight’

Some of Lionsgate’s most popular film franchises from “Hunger Games” to “Twilight” will be brought to life when the studio opens what it calls the world’s first

Sports | Macau GP confirms International Series cars will race

As the Times reported on March 4, the Macau Grand Prix Organizing Committee (MGPOC) has now confirmed that the 66th Macau Grand Prix to be held

Kyle Bass confident in bet against Hong Kong dollar

Kyle Bass, founder of Hayman Capital Management, said he’s shorting the Hong Kong dollar against the U.S. dollar to express his view that Hong Kong’s usable

‘Top Meeting Hotels’ 2018 list revealed, Macau nowhere to be found

U.S.-based meetings, events, and hospitality technology provider Cvent yesterday released its annual list of “Top Meeting Hotels” for meetings and events worldwide, ranking the top meeting

MGTO head expects tourist tax study to be concluded this year

The ongoing survey to study a tourist tax is only one of the three ways the tourism bureau can assess the feasibility of imposing a tourist tax,

G2E Asia | Daisy Ho: over-tourism an inevitable challenge

It is impossible for the Macau SAR not to face over-tourism due to the region’s limited land area, stated Daisy Ho, chairman and executive director of SJM

No consensus on what Japan gaming means for Macau

The integrated resort potential of Japan once again featured heavily at this year’s Global Gaming Expo (G2E) Asia, which yesterday held back-to-back sessions on the long-anticipated but

Survey finds Labor Day brought more people than business

A survey conducted by the Economic Bureau (DSE) has revealed that although the May 1 (Labor Day) holiday period brought more visitors to local businesses, they did

Consumer prices rise 2.77% in April

The Composite Consumer Price Index (CPI) for April 2019 has increased 2.77% year-on-year to reach 115.14, according to the latest information from the Statistics and Census Service,

Crime | Bus driver arrested after smuggling bird’s nest

Gongbei customs authorities have reportedly made a record seizure of bird’s nest. Yesterday, during an inspection of a bus entering Zhuhai through the Guangdong-Macau express lane

50-meter tall building planned for Ilha Verde

The Urban Planning Council will discuss 21 draft plans tomorrow, including plans for a piece of land adjacent to Ilha Verde Hill. The land is 6,700 square meters

Roads need improvement, say local associations

After two near-fatal road accidents at two different road crossing facilities occurred on Sunday, leaving a 90-year-old and a teenager severely injured, several organizations have urged

Journalist João Fernandes dies aged 81

Veteran journalist João Fernandes has died from an illness aged 81 in Lisbon, according to family sources quoted by Radio Macau yesterday. Fernandes was the

Briefs | China prepares for typhoons in Pearl River valley

Flood control authorities warn that the Pearl River valley will face tough flood, drought and typhoon conditions this year. Precipitation along the drainage area of the Pearl River, the

Campaigning for CE Election Committee to start June 1

The Electoral Affairs Commission has announced that the campaigning period for the election of the Chief Executive Election Committee members will start at midnight on

Crime | Phone scams are back, still targeting university students

Phone scams have returned to the region and continue to target young students from the mainland studying at the University of Macau (UM), the Judiciary

Democrat lawmakers call for Tiananmen ‘rehabilitation’

The upcoming June 4 Vigil to mark the 30th anniversary of the Tiananmen Square Incident is proving the impetus for the democrat faction among Macau’s lawmakers to call

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