The University of Macau (UM) expects Macau’s GDP to grow by between 20.5 and 44.1 percent in 2023, should annual tourist numbers surge back to 6.95 million (70 percent of 2019 levels) in Q3 and 7.65 million (80 percent of 2019 levels) in Q4 at the best scenario. 

The Macau Polytechnic University will offer a new Bachelor of Business Administration in Gaming and Recreation Management, according to education authorities in the SAR

Melco Resorts & Entertainment has teamed with Tencent Sports to bring the World University Cyber League 2021 e-Sports event to Macau.

The Chinese government may launch a visa multi-entry visa between Macau and Hengqin for Chinese tour groups as soon as next month, a source familiar with the matter told AGB.

The non-gaming investment requirements for Macau gaming concessionaires are already reshaping the Special Administrative Region, according to industry experts interviewed by AGB.

Despite a 292 percent surge in the total amount of visitor spending in Macau last year compared to 2022, per-capita spending of visitors on shopping fell sharply by 42.3 percent from the previous year, showing the downturn in China's economy, say experts.

Holding concerts has already become the main driver for tourist volume in Macau among all non-gaming elements, according to a scholar.

Macau has set a goal to welcome 33 million visitors in 2024, a near 17 percent increase from 2023, as it expands it tourism offerings.

Due to the current prevalence of the mass market in the Macau SAR, gross gaming revenue (GGR) values will now have a more sustainable growth that correlates to any increase in its visitor volume, gaming researcher Davis Fong pointed out.

Macau SAR GDP should witness growth between 8.3 and 21.0 percent in 2024, with the city's authorities total revenue, mostly derived from gaming taxes, reaching as much as MOP109.6 billion ($13.6 billion), an economic forecast published by the University of Macau predicts.