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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
 
 

More Dragon bills


Posted: 1/17/2012 3:23:15 PM
Rating:     0% ( votes)
  

The government announced yesterday that it will double the number of the new MOP10 (US$1.25) Year of the Dragon commemorative notes to 40 million units.

The move comes after hundreds of people had been gathering since last week outside branches of BNU and Bank of China across the city waiting for the notes.

The flood of clients affected the normal services of both banks, the only two note-issuing institutions in Macau.

Meanwhile, there is news of a “black market” where the Year of the Dragon bills can be worth several times their face value.

The bills are considered auspicious by Chinese people and are the first of a series to be issued yearly until 2023, ahead of the Lunar New Year and dedicated to each animal of the Chinese Zodiac.



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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