Jul 23, 2014,

Macau Latest News

Morgan Stanley expects VIP gaming to recover in H2Says better mainland economy, more junket money and less football will help
NPC deputy’s company to invest heavily in HengqinDeveloper led by Lao Ngai Leong to build multimedia production centre
Govt spends MOP2.2 bln on social welfare in 2013Welfare bill increases 68.3 pct as people get older, demand more benefits
Macau, mainland to cooperate on money launderingTake opportunity presented by Asia-Pacific meeting to agree on memorandum
Packer setting up MOP1.5 bln charitable foundationAustralian gaming mogul’s foundation will support the arts and education

Headlines

Eight casinos make three-quarters of H1 revenueThe Galaxy Macau rakes in most gaming revenue, followed by the Wynn Macau

Inside Macau Business

Out of Africa Hundreds of mainland Chinese are immigrating to Macau after obtaining residency in an African country

A man of the people Local businessman Chan Meng Kam was the big winner in the last elections, but he does not think it is a sign of expanding influence

A roller coaster ride The local logistics industry claims it may face another crisis if the government fails to offer more support

Premium office prices jump eight-fold since 2009 The demand for high-end workspace in Macau is pushing prices to record levels.

Kicked out of Macau Some residents are starting to opt for Zhuhai as a place to hang their hat even though they work in Macau, driven by exhorbitant real e

Bad air alert Air quality in Macau is worst between September and February, at which time the most dangerous pollutants to human health reach high le

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Voting Poll

What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2014?
Decline
Growth above 10 percent
Growth from 0 to 10 percent
Stagnation
  
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