FRAUD | Class actions filed against company headquartered in Macau

Several collective actions against GetEasy, a company headquartered in Macau, are being put forward in France and Monaco after thousands of members across the world were swindled out of their

Gaming | Melco net revenue drops by 22 pct in Q1

Melco Crown Entertainment Limited net revenue dropped 22 percent year-on-year to USD1,054.3 million in the first quarter of this year, the company revealed in a press release yesterday. The decline can

CCAC | No evidence against fund member sacked by Alexis Tam

“The CCAC agreed on concluding the inquiry, as there is no sign or evidence showing that the then member of the administrative board committed any illegal or irregular acts in

Macau death plot raised during casino mogul testimony

Casino mogul Sheldon Adelson found himself answering questions in a Las Vegas courtroom on Tuesday about what he knew about a plot to behead employees in Macau and if

Moody’s report | Gaming revenue decline is credit negative for rated operators

Moody’s Investors Service says that the continued decline in Macau gaming revenue - a result of China’s economic slowdown and the government’s anti-corruption campaign - is credit negative for rated

Paid paternity leave updated to int’l standards before year-end

Currently, the city’s Standing Committee for the Coordination of Social Affairs is discussing the revision of the “Labor Relations Law” to include a leave stipulation for fathers-to-be. However, discussion of

New media channel launched on public transport

TDM programs about Macau will be broadcast on public transport, after the public broadcaster yesterday signed off on a partnership with media company Long Han Television Broadcast Co. A new media

Statistics | 1,455 new companies recorded in Q1

A total of 1,455 new companies were created during the first quarter of 2015, an increase of 329 year-on-year, according to information from the Statistics and Census Service (DSEC). Analyzed by

Hollywood Roosevelt Hotel eyeing gambling area

“, we’ll reveal that later; we are now studying it. We also hope to develop in the direction towards a world center of tourism and leisure,” he said, responding to

Airport records movement growth in April

4,500, representing 6 pct and 6.5 pct increases respectively when compared to the same period last year. Among the three key regional market shares, the Taiwan market performed stably in April,

Education | IPOR launches phrasebook to mark 25th anniversary

The Portuguese Institute of the Orient (IPOR) launched a Portuguese-Chinese phrasebook to mark its 25th anniversary this week. The new phrasebook is mainly targeted at Chinese speakers who are looking

Briefs | Chiang Ngoc Vai to head DSAT

The Secretary for Transport and Public Works, Raimundo do Rosário, revealed yesterday that Chiang Ngoc Vai, currently serving as the Transport Bureau’s deputy director, will be heading the department after

Labor rights Court rejects appeal filed by company over employment certificate

The Court of Second Instance (TSI) has rejected an appeal filed by a local company over the issuing of work certificates to two former employees who had previously been summarily

Macau Foundation grants reach MOP266m in Q1

The Macau Foundation granted subsidies to individuals and private entities worth over MOP266 million throughout this year’s first quarter, according to yesterday’s Official Gazette (BO). This represents an increase of

Privacy watchdog may become Commission for Privacy and Data Protection

A proposal to restructure the Office for Personal Data Protection (GPDP) and turn it into a Commission for Privacy and Data Protection is currently being drafted and should be completed

Adelson denies Vegas executives had hand in Macau CEO firing

Las Vegas casino mogul Sheldon Adelson spent an entire day Monday denying that Las Vegas Sands officials had a hand in firing Steven Jacobs as Sands China Ltd. president

Gaming | Dividends in danger as MGM China, rivals yield to Macau slump

MGM China Holdings Ltd. is reconsidering its special dividends, which totaled USD1.4 billion over the past three years, because of the gambling slump in Macau. While MGM China will continue to

Statistics | Money supply continued to decline in March

In comparison to the preceding month, total resident deposits decreased 0.7 percent to MOP466.2 billion, whereas total non-resident deposits dropped 3.4 percent to MOP236.5 billion. Public sector deposits with the

Entertainment | ‘Beauty and the Beast’ cast amazed with Asian audiences

Disney’s musical extravaganza “Beauty and the Beast” is coming to the Venetian Theatre from June 13 to July 26 as part of its world tour, in celebration of the Broadway

Arts | Macau’s Venice Biennale exhibition opens tomorrow

Macau’s exhibition at the 56th International Art Exhibition: Biennale di Venezia entitled “Path and Adventure – Works By Mio Pang Fei”, will be inaugurated tomorrow. According to a press release issued

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