After handing out government subsidies for nearly six months, Macau’s Tourism Office (MGTO) is now considering discontinuing some promotions plans in the second half of this year. 

More than 2,300 tour groups have visited Macau while enjoying subsidies offered by the local tourism bureau.

Money, money, money. That's what the Macau tourism sector is begging for more of, as it urges the Macau government to continue its subsidies to attract tourists, notably from Hong Kong, but also hoping for a slice of that foreigner pie.

Sociedade de Jogos de Macau, S.A. says its eligible employees will receive Living Subsidies equivalent to 2 months or 1.5 months of salary. The Living Subsidies will be made in two equal payments in January and July respectively, with the first payment to be made on 6 January 2021.

Galaxy Entertainment Group indicated that its recently announced dividend is to be paid out in April is a sign of the group's strong financial situation.

Singapore is expected to experience a slowdown in tourism and gaming in 2024 due to escalating competition in the region, says Tradeview Capital Sdn Bhd CEO Ng Zhu Hann.

The Philippine Amusement and Gaming Corporation (PAGCOR) has reported a total income of PHP73.11 billion ($1.3 billion) from its gaming operations in 2023. This represents a robust year-on-year increase of 32.8 percent.

Macau’s tourism office sets a goal to draw 3 million international visitors this year by investing MOP 100 million ($12.4 million) to subsidize 100,000 international air tickets.   However, the industry had mixed reactions.

After handing out government subsidies for nearly six months, Macau's Tourism Office (MGTO) decided to discontinue half-price ferry and bus tickets for Hong Kong visitors starting in July. However, the promotion's plans for overseas that began in mid-April will maintain.

Ready for adventure? The risky, and profitable, world of Indochina could be your destination - as experts point out the compelling advantages of Vietnam, Cambodia and Laos, even as they outline the risks.