Therese Tu

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Restaurants & retailers see growth in receipts in May, expectations for June still dim

Local restaurants saw a 5.5 per cent increase in receipts month-on-month in May, while retailers...

MGTO confident in hitting overseas arrival goal, plans increased travel incentives in H2

Macau tourism authorities are confident that the annual target of welcoming 2 million international visitors...

Sands Shopping Carnival kicks off, supports local SMEs

The 2024 Sands Shopping Carnival kicked off on Thursday at The Venetian Macao, featuring more...

CLSA lowers GGR, EBITDA forecast for 2024

Brokerage firm CLSA has revised down its Macau gross gaming revenue(GGR) forecasts for 2024 and...

H1 GGR hits MOP113.7 bln, VIP baccarat contributes 24 pct

Macau's gross gaming revenue (GGR) for the first half of this year reached MOP113.75 billion...

Macau gaming still resilient amid illegal money exchange crackdown: Citi

Investors’ concern about a possible crackdown on illegal cross-border fund flows and its potential impact...

H1 GDP could have hit MOP194.5 bln: Think tank

Local gross domestic product(GDP) for the first half of this year is predicted to reach...

Mainland visitor arrivals likely to hit 91-100 pct of 2019 level: Report

The number of mainland Chinese visitors to Macau is expected to recover to...

China’s beverage giant Mixue debuts in Macau

China's largest bubble tea chain, Mixue Ice Cream & Tea, opened its first shop...

GBA firms positive on outlook, plan upgrade and investment – Research

Enterprises in the Guangdong-Hong Kong-Macau Greater Bay Area are optimistic about their business prospects, according...

Gaming H2 results likely impacted by money exchange crackdown, China macroeconomy – Brokerage

Macau’s gaming sector EBITDA growth is likely to see a slowdown in June and July...

Gaming tax revenue tops MOP44.79 bln in H1

The Macau government collected a total of MOP44.79 billion (US$5.57 billion) in gaming...

Short-term housing for Iao Hon dwellers set to finish by year-end

The temporary housing for owners of the seven run-down Iao Hon blocks is expected to...

Housing price index drops 18 pct from pre-Covid level

Macau’s overall residential property price index for the March to May 2024 period...

1.1 mln foreign arrivals in H1, gov’t confident in hitting annual goal

Macau welcomed approximately 1.1 million international visitors in the first half of 2024,...

Macau hotels likely to see over 90pct occupancy rate this summer, industry rep says

Macau’s overall hotel occupancy rate for this year's summer season is expected to exceed 90...

Removal of casino freebies shows no impact on tourist inflow: MGTO

The halting of the distribution of free snacks on gaming floors has not affected the...

Macau New Neighbourhood developer confirms units for student use

Macau Urban Renewal (MUR), the developer of the Macau New Neighbourhood (MNN) housing project,...

Macau GGR continues to recover, higher tax-free cap to bode well for tenant: brokerage

Brokerage Goldman Sachs expects Macau’s gross gaming revenue (GGR) to show a gradual...

Gaming sector 2Q EBITDA likely to reach MOP15.85 bln, July GGR estimated at MOP19 bln:...

Macau’s gaming industry property EBITDA for the second quarter of 2024 is expected to decline...