Thursday, December 5, 2024

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Business owners call for changes over Wynn Macau’s old district revitalization plan

Business owners surrounding Rua da Felicidade are calling for changes to Wynn Macau’s old district revitalization plan, which supports the city government’s initiative to pedestrianize the area.

Macau operators’ revitalization plans slower-than-expected due to bureaucracy

Non-gaming projects promoted by Macau’s gaming operators are progressing more slowly than anticipated, primarily due to bureaucratic hurdles. Meanwhile, a local association representative indicates that a lack of clear directional planning has resulted in fragmented diversification plans.

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. 

Macau gaming operators-led revitalization projects bring 1.7M visits: Secretary

Macau’s ongoing efforts to revitalize six historic districts through collaboration with casino operators have seen a positive response, with over 1.7 million visits recorded during performance and show periods.

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.

Sands China to introduce AR elements in the redevelopment plan for the old fireworks factory

Macau casino operator Sands China is set to help revitalize various old districts in the city. These include the Iec Long Fireworks Factory, Pátio da Eterna Felicidade, Rua Das Estalagens, and their surrounding areas.

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.

Melco Resorts to build cultural market and Riverview cafe in Inner Harbour area 

Melco Resorts & Entertainment Limited has revealed its support for the government's revitalization plan for Piers 23 and 25 in the Inner Port and Mount Fortress areas.

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