Friday, May 10, 2024

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Macau’s labor office holds employment drive for 1,400 hotel workers

In cooperation with the six gaming operators, the Labor Affairs Bureau of Macau will hold six job matching sessions that provide residents more than 1.400 jobs.

Your Daily Asia Gaming eBrief: Macau Secretary: employment was behind concessions

Macau has made it plainly clear that the new concession attribution was all about maintaining current employment, with a Secretary outing the goods without any remorse for further contenders.

Macau: employment is “highest priority”, says Secretary

Macau’s government continues to reassure that the employment of their gaming-linked employees is their main preoccupation with the Secretary for Economy and Finance saying that such employment is “the highest priority” under the new gaming concessi

Macau gov’t expects the gaming sector to drive economy/employment, while maintaining zero-COVID approach

Macau’s government is planning to maintain its zero-COVID policy and be ‘in unanimity’ with the epidemic prevention guidelines of mainland China, while simultaneously expecting that the SAR’s gaming sector delivers revenues which will equate to ‘not less than 40 percent’ of its Gross Domestic Product (GDP).

Macau unemployment rises on junket closures, lockdowns

Macau unemployment rate rose to 5.4% owing to junket closure and suspension of most industrial and commercial activities during the “relatively static” period amid the latest wave of the pandemic. 

Macau gaming law passes 1st reading, but concerns over satellites/employment

Macau's amended gaming law has passed its first reading in the Legislative Assembly, although representatives expressed concern about the future of satellite casinos and their employees.

Macau to reduce blue cards if unemployment continues rise

Macau Labor Affairs Bureau (DSAL) deputy director believes there will be fewer blue-card holders in Macau if the unemployment rate continues to rise. The last time unemployment was this high was around 2009-2011, shortly after the global financial crisis. Chan added that some industries will suffer more than others. 

Legislator accuses Macau regulators of colluding with operators on employment abuses

Macau legislator José Pereira Coutinho has called on the city’s Chief Executive to take action against what he described as “collusion” between casinos and those responsible for regulating the gambling sector, in order to stop employment abuses.

Macau gaming employees’ salaries rose end-2023, surpassing pre-COVID levels

Average earnings of full-time employees in the Macau gaming industry in December were MOP25,290 ($3,138), up by 6.8 percent year-on-year. This figure has already surpassed the MOP24,640 ($3,058) reported in 4Q19.

Daily Asia Gaming eBrief: The Star quandaries and Macau CNY progress

Australia's gaming crackdown continues, with The Star facing a new inquiry which is "unimaginable" considering its recently renegotiated terms for employment and cashless gaming at its Sydney casino, notes an expert. In addition, Macau's Chinese New Year revenues continue to impress, but market share gets further divied up.