Sunday, May 19, 2024

Search Results

Macau’s GDP grows 80.5% in 2023, driven by tourism and gaming

Macau’s GDP experienced a remarkable 80.5 percent year-on-year rebound last year, propelled by the flourishing tourism and gaming sectors.

South Korea and Thailand lead in visitor spending per capita in Macau

Visitors from South Korea, Thailand, and Mainland China ranked as the top three with the highest visitor spending per capita in Macau last year.

Macau casino staff receiving less than before pandemic, despite wage increases

Macau casino employees' real income has decreased compared to 2019 levels, despite wage increases from gaming operators, says an association head.

Macau GDP doubles year-on-year in 2Q23, driven by thriving tourism and gaming sectors

Macau's GDP experienced a remarkable 117.5 percent year-on-year rebound in the second quarter of 2023, propelled by the flourishing tourism and gaming sectors.

Macau July retail and F&B receipts drop by 71 percent 

Owing to the lingering impacts of the coronavirus pandemic, receipts of the interviewed restaurants & similar establishments dropped by 71.4 percent year-on-year in July 2022. Business outlook remains challenging.

Macau to allow non-essential services, casinos to reopen from July 23rd

Macau will partially ease its Covid lockdown measures from July 23rd, allowing non-essential businesses to reopen, with casinos to resume at 50 percent staffing.

Macau demand for manpower remained low in 4Q21

Manpower demand in the industry remained low in 4Q21 according to the Statistics and Census Service released survey results of Manpower Needs and Wages of the Gaming Sector - excluding junket.

Your Daily Asia Gaming eBrief: Out of China and into Vietnam

Daily Asia Gaming eBrief: Director of Fortuna Investments, Tim Shepherd, outlines the potential drivers of Vietnam’s VIP clubs and why they are poised for a bright future.

Macau 2021 visitor arrivals down 80% from pre-pandemic

Visitor arrivals to Macau rose 30.7 percent in 2021 from the prior year, however the numbers will still down 80 percent from their pre-pandemic levels, according to figures from the Statistics and Census Service.

Macau visitor arrivals surge 25.9% in November on Grand Prix, Food Festival

Macau visitor arrivals rose by 25.9 percent year-on-year in November, attributed to large-scale tourist events such as the Macau Grand Prix and the Food Festival.