Macau fundamentals to remain positive, says Fitch
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The rating agency is keeping its original full year 2012 gaming revenue growth forecast of 20 percent
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April could beat estimates
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Bank of America analysts say casino gross gaming revenue may hit the MOP26.5 billion mark |
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Goldman upgrades Melco Crown to buy
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Goldman Sachs Group Inc yesterday upgraded Melco Crown Entertainment Ltd from ‘neutral’ to ‘buy’ |
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Gov’t announces handout details
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Details on this year’s cash handout scheme will be announced today |
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Sands Cotai Central opens doors
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Analysts have been raising estimates of Sands China Ltd.’s profit for 2012 and 2013 |
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April starts slow for gaming
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Growth rate could pick up after today’s opening of Sands Cotai Central |
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Galaxy sees mass-market revenue up nearly 300 pct
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The gaming operator almost doubled VIP revenue in March |
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Plan to convert industrial buildings extended
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No reconversion projects have been approved as of yet |
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Govt only spends 20 pct of public revenue
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Public revenue in the first quarter increased by 21.5 percent year-on-year to MOP29.6 billion |
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More tourists in Ching Ming and Easter
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Macau welcomed close to 800,000 tourists from April 2 to April 8 |
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A decade of change
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This month marks the 10th anniversary of the liberalisation of the gaming industry, a move that brought deep transformation to Macau |
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Lucky number three
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In a Macau Business exclusive, senior executives from Sands China Ltd talk about opening Cotai Central |
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Continuous reinvention
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In an exclusive interview with Macau Business, chief executive Grant Bowie reveals details on MGM China’s project for Cotai |
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Basic arithmetic
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Accounting and auditing firms are struggling to find enough staff to keep pace with the cash flowing through the city |
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Reading, writing, revenue
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The growing number of students seeking master’s degrees has surprised academics |
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Mix and match outfits
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As more and more imported workers are arriving to fill labour shortages, managing diversity is increasingly important |
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Sands Cotai Central to open tomorrow
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Sands China chief executive says property boosts gaming operator’s wager on the mass market |
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Mass market continues rally
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Mass gaming continues to outgrow the VIP segment, says the latest report from Deutsche Bank |
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Gaming liberalisation a success, says regulator
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DICJ director expects industry to post gross gaming revenue growth of 20 to 30 percent in 2012 |
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Smooth sailing
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The Macau gov’t looks to expand yacht berths and implement a new travel scheme |
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UFC closer to debut in Macau
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No date has yet been set for the fights but a UFC official says it will be this year |
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Deposits go up
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The total deposits rose almost 2 percent to MOP447.8 billion |
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Ponto Final under new director
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Paulo Rego is now the new editor-in-chief of the Portuguese-language paper |
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Venetian debuts new theatre
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The venue is located where Cirque du Soleil’s ‘Zaia’ theatre previously was |
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MGM Cotai to only have 12 pct of floor space for gaming
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In an exclusive interview with Macau Business, chief executive Grant Bowie reveals details about the project |
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