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Macau’s gaming operators actively soliciting junkets as VIP revenue rebounds: sources
According to Nelson Kot, the president of the Macau Comprehensive Social Research Association, Macau's gaming operators have been discussing actively with licensed junkets, aiming to boost the VIP revenue rebound.
China’s economic slowdown creates turbulence for Macau’s non-gaming sector
Although some research shows that the willingness of Chinese tourists to spend in Macau remains high, recent market changes signal a potential decline in consumption.
Northbound spending fever in HK has “few” impacts on Macau GGR: experts
Hong Kong may continue to serve as one of Macau’s leading source markets, despite undergoing continuous reshaping of its consumer market, with minimal impacts on GGR.
Expert praises increasing budget for attracting foreign tourists to Macau
Although Macau's economic diversification plan for the next five years holds few surprises for the public, some of the announced measures have received positive feedback.
Macau’s foreigner-only gaming zones unlikely to be a major draw: experts
Experts are struggling to find quantifiable advantages to the new foreigner-only gaming zones in Macau casinos, noting that none of Macau’s six gaming concessionaires have so far applied for the tax break, reducing the 40 percent charge on their gross gaming revenue (GGR), which could be applicable to gambling by foreigners under the new concession system.
Successor of Ambrose So may need to complement SJM’s non-gaming weaknesses: expert
The president of the Macau Comprehensive Social Research Association says that the successor of Dr. Ambrose So might need to complement SJM's non-gaming weaknesses. In this way, the board of the SJM could even look to hire foreign executives to take So's place.Â