Macau authorities are holding strong to their estimate that the SAR's gross gaming revenue will reach MOP130 billion ($16.2 billion) in 2021, despite underperformance in the first half.
On Thursday, Macau’s Secretary for Economy and Finance assured that the Macau SAR government would be moving forward with its public consultation on the new gaming law within the second half of this year.
Macau's six operators have now all pledged MOP10 million ($1.25 million) each to help the victims of flooding in Henan province.
Macau casino operator Sands China continues to display recovery signals, with a narrower loss of $166 million in the second quarter of 2021, though LVS’ chairman says the company continues to suffer from the economic effects of the pandemic.
The long-awaited Grand Lisboa Palace, Macau legacy gaming operator SJM Resorts' property on the Cotai strip, still does not have an announced opening date, but at an event on Wednesday, the company indicated that it was planning to host an art exhibition at the venue starting from September 1st.
Authorities in the Mainland Chinese city of Nanjing have urged citizens not to leave the city unless necessary, after numerous airport workers tested positive for coronavirus.
SJM Resorts, S.A. announced a donation of MOP 10 million to support flood relief efforts in Zhengzhou of Henan, China, which has been devastated by severe flooding from the most powerful rainstorm on record.