Macau Secretary for Economy and Finance warned that the trajectory of local economic recovery remains uncertain in 2022 due to the pandemic, though the most recent trends are encouraging. 

The Macau government says its income from gross gaming revenue may fall below its MOP 130 billion target for the year, due to the August Covid-19 outbreak. 

Macau’s Secretary for Economy and Finance, Lei Wai Nong, expressed confidence that the city is poised to host around 28 million visitor arrivals by the end of this year, following a successful reception of over 25 million tourists in the first 11 months of 2023.

Secretary for Economy and Finance Lei Wai Nong expressed confidence that the Macau SAR gaming sector will be able to generate MOP216 billion ($26.8 billion) in 2024.

Macau's Secretary for Economy and Finance, Lei Wai Nong, said Wednesday, when commenting on the recent discussion concerning the future of the Macau Jockey Club, that "operators must perform their obligations strictly in accordance with the requirements of the law and the concession contract".

Macau Secretary for Economy and Finance, Lei Wai Nong, announced that the government had stepped in to cover the shortfall in gaming tax collection.

Prompted to comment on gaming revenue, Macau Secretary for Economy and Finance, Lei Wai Nong, said the Government was closely monitoring and evaluating the need to amend its budget in the second half of the year.

The Macau Secretary for Economy and Finance, Lei Wai Nong on Monday announced the details of a much-anticipated economic stimulus package aimed at driving domestic spending and stabilizing local businesses.

The Macau Secretary for Economy and Finance Lei Wai Nong said the public consultation on the revision of gaming laws will take place in the second half of this year ahead of the expiry of the casino concessions in June next year. The consultation is a necessary step in the concession renewal process.

The proportion of local employees in the middle and senior management positions of the ‘Big Six’ Macau gaming concessionaires is currently at 89 percent, Secretary for Economy and Finance Lei Wai Nong has revealed.