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Tag: Macao

Posted on August 23, 2020

Macao restaurants, retailers business recital inactive in June

On Sunday August 23 the special administrative region’s statistic service stated that the business of restaurants and retailers in Macao was restrained in June 2020, and they had less positive …

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Posted on August 23, 2020

Macao restaurants, retailers business performance subdued in June

The business of restaurants and retailers in Macao was subdued in June 2020, and they had less optimistic expectation for July, the special administrative region’s statistic service said here on …

( read original story …)



Posted on August 17, 2020

Macao’s share of int’l assets in total banking assets decreases

The proportion of international business in Macao’s local banking sector decreased to 85.5 percent at the end of June 2020 from 85.9 percent at the end of March 2020, according to the statistics …

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Posted on August 13, 2020

Macao casino operator cautious as China relaxes travel controls

Vitaly Umansky of AB Bernstein said that Macao’s casino operators need revenues to return to 35% to 40% of normal levels to start breaking even before taxes and finance charges. “Macao should be …

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Posted on August 13, 2020

Macao casino operator cautious as China relaxes travel controls

Vitaly Umansky of AB Bernstein said that Macao’s casino operators need revenues to return to 35% to 40% of normal levels to start breaking even before taxes and finance charges. “Macao should be …

( read original story …)



Posted on August 12, 2020

Aqara Products Now Available in Hong Kong and Macao Apple Stores

Aqara, the leading smart home company, announced that eight of their smart home products are hitting Apple Stores in Hong Kong and Macao. The suite of Aqara products include their Hub, Temperature and …

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Posted on August 11, 2020

Casino Mecca Macao to Begin Reissuing Tourist Visas

The Chinese enclave of Macao, essentially the Las Vegas of Asia, will begin issuing tourist visas anew this Wednesday. The reinstatement, announced by the Macao government Monday, will at first apply …

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Posted on August 7, 2020

Sands China Kicks Off Sands Shopping Carnival with Grand Opening Event

Sands China Ltd. kicked off its three-day Sands Shopping Carnival with a grand opening celebration Friday at The Venetian® Macao’s Cotai Expo, officiated by guests of honour from government, finance, …

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Posted on August 5, 2020

Casino Operators in Macao Face Fallout From New Entry Restrictions

After rolling snake eyes in Macao during July with a 94.5% revenue drop, casino companies such as MGM Resorts International (NYSE: MGM) and Las Vegas Sands (NYSE: LVS) seemingly can’t catch a break as …

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Posted on August 5, 2020

Casino Operators in Macao Face Fallout From New Entry Restrictions

After rolling snake eyes in Macao during July with a 94.5% revenue drop, casino companies such as MGM Resorts International (NYSE: MGM) and Las Vegas Sands (NYSE: LVS) seemingly can’t catch a break as …

( read original story …)



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