Friday, May 17, 2024

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Gaming operators’ revitalization plans will include the northern part of Macau Peninsula and Old Taipa Village 

Macau’s top official, Ho Iat Seng, has announced that the government has received plans from six gaming operators for revitalizing Macau's old districts in the city's bid for diversification. According to the AGB checks, excepting the already known districts such as Barra (near A-Ma temple) and the Inner Port area, the Old Taipa Village and the northern part of the Macau Peninsula are also included. 

Non-gaming investment requirements for gaming operators already reshaping Macau: pundits 

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

Macau on its way to becoming a “City of Performing Arts”: scholar 

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

Macau gaming operators present non-gaming investment for 2024 to the Government

Six gaming operators in Macau were invited to present their non-gaming investments for 2024 to government officials during a Council for Tourism Development meeting.

Five-year plan questions Macau government intervention in casinos’ specific operations

Macau authorities presented few surprises in their unveiling of the next five-year plan for the city’s ‘adequate economic development’, running through 2028, but raised many questions of the exact role of, or control over, gaming operators within the upcoming period, in particular of their gaming floors.

MGM China launches “Macau Cruise”, a sightseeing cruise enriching its non-gaming offerings

To follow its commitment to non-gaming betting, Macau gaming operator MGM China officially launched its new amenity - a sightseeing cruise on Tuesday.

New statistical category created to push Macau gaming operators to fulfill non-gaming commitments: scholar

The government's objective of creating a new statistical category is to track and push gaming operators to fulfill non-gaming commitments, notes a scholar from the Macao Polytechnic University.

Macau gov’t requirements delay gaming concessionaires’ investment plans: source

The Macau government has put forward new requirements for gaming concessionaires in response to its diversification development needs, with a source saying the new mandates are delaying their investment plans.

Macau postpones launching economic diversification plan as gaming operators’ proposals disappoint: source

The Macau Government has postponed the launch of its adjusted economic diversification plan to September, with a source saying the delay is due to gaming operators' proposals not meeting the authorities' requirements. The plan, already delayed, was set to be released in June.

Your Daily Asia Gaming eBrief: Macau operators reveal city development plans

Reshaping the city in their own image. That appears to be the vision of Macau's gaming concessionaires, as they reveal their plans to develop specific parts of the peninsula and the proxy area of Cotai.