Macau gaming tax revenue hits $1.04 billion in August

Macau’s gaming tax revenue climbed to MOP8.31 billion ($1.04 billion) in August, up 2.5% from the previous month, reflecting strong gross gaming revenue (GGR) performance and adding to government coffers. The figure, reported by the Financial...

Stars, Auteurs, Business and More: What to Expect at This Year’s San Sebastián Festival

Cited by many creatives and execs as their favorite film festival, Spain’s San Sebastián — a European A-list fest just below Berlin, Cannes and Venice in size — stirs up a classic cinematic cocktail for 2025 under director José Luis Rebordinos....

Macau taps influencers, gaming operators to draw Middle Eastern tourists

Macau is intensifying efforts to attract high-spending visitors from the Middle East through initiatives ranging from destination marketing and industry networking to collaborations with gaming operators and online influencers. The Macau...

Macao gaming tax revenue rises amid strong GGR growth

Macao’s gaming tax revenue saw a notable increase in August, climbing to 8.31 billion patacas (US$1.04 billion), a 2.5 percent rise from July’s haul. The figures from the Financial Services Bureau were reported by Inside Asian Gaming (IAG) and...

Macau gaming rally expected to continue into October’s Golden Week

Home > Finance > Macau gaming rally expected to continue into October’s Golden Week 11th September 2025 | By Marjorie Preston The Macau casino industry has posted solid results in early September, with gross revenue up 10% year on year, according...

[OPINION] Attracting more gambling companies to PSE: Going beyond simple charity 

The matter of attracting more gambling entities to list in the Philippine Stock Exchange (PSE) may appear untimely, if not outright controversial, at the moment — for gambling also carries some substantial risks that can cause potential harm to...

Macau Chief Executive Sam Hou Fai says voting not only a right but also a civic duty

Chief Executive Sam Hou Fai has urged local voters today to cast their ballots in Sunday’s Legislative Assembly election, pointing out that voting is not only residents’ right but also their civic duty. Speaking to the media while inspecting the...

Macau revenue from gaming taxes hits US$7.71bln in year to August

The Macau government collected just over MOP61.88 billion (US$7.71 billion) in fiscal revenue from gaming in the first eight months of 2025, up 5.3 percent from a year earlier, according to the latest data released by the city’s Financial Services...

‘A Sea in the Old House of Orchid’ shows Macau’s dark memories

Review by William Chan Attending the Fringe Festival has always felt like opening a blind box – you never know what to expect, but there is always the thrill of surprise. This year, thanks to a friend’s invitation and a lucky pair of free tickets,...

Business News | YuppTV Secures Digital Telecast Rights for Asia Cup 2025

PRNewswire Atlanta [US], September 12: Cricket fans in Continental Europe and South East Asia will witness the best of cricketing action as YuppTV has acquired the digital broadcasting rights for the Asia Cup 2025. The live streaming platform is...

Macau Casinos Brace for Record Golden Week

Macau is heading into what analysts expect will be one of its strongest Golden Week holiday periods after the COVID pandemic. Analysts are expecting daily gambling revenue to average MOP 1.05 billion $131 million) throughout the eight-day holiday...

Business : SVO.ai-Dury Dury Partnership To Boost AI-Driven Durian Business

KUALA LUMPUR, Sept 12 (Bernama) -- Artificial intelligence (AI) commerce platform SVO.ai has entered into a strategic partnership with local durian brand Dury Dury to accelerate digital transformation in Malaysia’s traditional agriculture sector...

Govt to launch 1-million-pataca subsidy in ‘first store economy’ drive

The Macau government announced yesterday that it will launch a subsidy of up to one million patacas per beneficiary in its “first store economy” drive, with the aim of encouraging top brands from outside Macau to open their first stores here, with...

Economic Watch: World-class airport cluster emerges in China's Greater Bay Area

GUANGZHOU, Sept. 10 (Xinhua) -- A world-class airport cluster is rapidly taking shape in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), marking a significant milestone in regional infrastructure development. This ambitious project...

Stronger currency outlook lifts gaming sector multiples and target prices: CLSA 

CLSA has revised its outlook for Macao’s gaming industry after the brokerage house raised its renminbi (RMB) forecasts on the back of continued dollar weakness into next year. Following a better than expected revenue intake during the month of...

HK to focus on economy and livelihoods

Hong Kong Chief Executive John Lee Ka-chiu leaves after delivering his policy address at the Legislative Council in Hong Kong on Wednesday. [Photo by Andy Chong/China Daily] In his latest policy address on Wednesday, Hong Kong Chief Executive John...

Anton Tai reports MOP110 million boost from consumption campaign, rules out cards

The latest round of a three-month campaign aimed at boosting consumption has reached its midpoint, with the financial secretary yesterday reporting approximately MOP110 million in voucher redemptions over the past three weeks, generating a...

Melco Resorts Finance raises $500M at 6.5%, debt maturity profile extended

Melco Resorts Finance Limited, a wholly owned subsidiary of Melco Resorts & Entertainment, has priced an international offering of $500 million in senior notes due 2033, carrying a coupon of 6.5 percent. Proceeds will primarily fund a conditional...

Free services to clients total 63% of Macau gaming operators’ expenses in 2024

Free services provided to customers accounted for 63 percent of operating expenses among Macau’s gaming operators in 2024. The figures were released on Wednesday by the Statistics and Census Service (DSEC) in its 2024 Gaming Sector Survey. The...

Global Timber Forum to convene again in Macau

The Global Legal & Sustainable Timber Forum 2025 (GLSTF) is scheduled to take place at MGM COTAI on September 23-24, according to a statement provided yesterday by the Commerce and Investment Promotion Institute (IPIM). The event, themed “From...