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ISSUE 96 - Apr 2012
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2012?
Decline
Growth above 20 percent
Growth from 10 to 20 percent
Stagnation
 
 

Macau Cable TV to sue government


Posted: 2/20/2012 11:50:35 AM
Rating:     0% ( votes)
  

Macau Cable TV last week announced plans to sue the government.

The company wants compensation for losses related to the activities carried out by the unlicensed public antenna companies.

The legal representatives for Macau Cable TV said the announcement last week made by six unlicensed public satellite antenna service providers that they were voluntarily suspending the broadcast of at least eight encrypted and copyright-protected TV channels was not enough.

Unlicensed public satellite antenna service providers charge a low rental fee of about MOP25 per month, to retransmit TV channels from around the region to households, using unlicensed cable networks and without authorization from the copyright holders.

These unlicensed antenna services are very popular in Macau with the majority of the population receiving TV signals in this way, a practice that has been tacitly allowed by the government.

Macau Cable TV has been the only legal concessionaire of cable television services since 1999.



Other Macau Latest News

TransAct appoints new sales manager for Asia

Rashid Suliman will be responsible for the sales of the company’s products in Macau

Venetian hosts Ice World

The exhibit will last until September 16

Melco Crown to participate in Dragon Boat races

Around 50 Melco Crown employees have joined forces to form two teams

Bank tellers with two-digit salary growth

Wage increases outpace the inflation rate
Headlines

Final review on rules for smoking areas inside casinos

Casinos will have to divide their floor into smoking and non-smoking areas starting next year

Homes more expensive

The average transaction price of all residential units sold in the first three months of 2012 reaches a new all-time high

Sands China renews Edward Tracy’s contract

The company’s president and CEO has had his contract extended until August next year

Studio City to receive casino approval “soon”: report

Gov’t authorisation is “just a formality”, English-language newspaper Business Daily reports

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4. May ‘critical’ for assessing Macau gaming industry
5. Steve Wynn explains Tien Chiao deal
 
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