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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
 
 

Travelex opens first Macau store
Posted: 2/17/2012 3:36:45 PM
Rating:     80% (4 votes)
  

Travelex Ltd., the world’s largest foreign exchange specialist, yesterday officially opened its first store in Macau.

The store is located at AIA Tower.

Travelex is the first international foreign exchange company to open in Macau.

It now plans to expand its local network.

Worldwide, Travelex has over 1,000 stores, nearly 20 of which are located in the mainland.

In Hong Kong, it operates a network of 35 stores, including 20 in the Hong Kong International Airport.


Other Macau Latest News

Possible delays
A legislator says the casino age entry bill could fail to meet the July deadline

Inflation maintains upward trend
The Composite Consumer Price Index went up by 6.76 percent year-on-year last month

Residential mortgages soar
For the first quarter, new approved residential mortgage loans rose 22.0 percent over the previous period

More people flying low-cost
Low-cost carriers are taking up to 30 percent of the total passenger volume at Macau’s airport
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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3. Gov’t to control new casino openings: Union Gaming
4. May ‘critical’ for assessing Macau gaming industry
5. Steve Wynn explains Tien Chiao deal
 
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