Monday, May 20, 2024

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AMCM: visitor spending on gaming increased by 100 percent in 1Q23

Official data show that Macau visitor spending on gaming rose by 100 percent in 1Q23, according to the SAR’s monetary authority (AMCM).

AMCM: Macau economy to grow at double-digit rates in 2023, following gaming concessions

Macau’s economy is ‘expected to rebound at a double-digit rate for the whole year of 2023,’ according to the SAR’s monetary authority (AMCM).

Macau government disagrees with Moody’s over ‘negative’ outlook

The Macau government has expressed its disagreement with Moody's decision to downgrade the region's economic outlook from "stable" to "negative," as announced by the credit rating agency.

Macau lawmaker calls for a salary increase for gaming employees 

After noting the surprising recovery in the Macau gaming industry, lawmaker Leong Sun Iok, a representative from Labor Union calls for a salary increase for gaming employees.

Your Daily Asia Gaming eBrief: Henqgin recovery outpacing Macau, still bodes well: expert

Build it, across the border, and they will come. Such is the story of Hengqin, whose recovery is outpacing its neighboring gambling hub Macau.

Your Daily Asia Gaming eBrief: Okada Manila GGR up 50% in 4Q22

Results season is upon us, with some jurisdictions coming out better than others.

Macau-Guangdong electronic direct payment system established

A direct payment system for Guangdong-Macau electronic and cross-border payments has been officially launched by the Monetary Authority of Macau (AMCM) and the Bank...