Macau among the most benefited with the reopening of China
Macau News Agency - 03/02/2023
THE FITCH RATINGS AGENCY RECENTLY INDICATED THAT RAEM IS AMONG THE MOST BENEFITED IN THE ASIA-PACIFIC REGION WITH THE REOPENING OF CHINA. HOWEVER, LIMITATIONS ON THE NUMBER OF AVAILABLE WORKERS AND THE VOLUME OF CONSUMPTION COULD LIMIT THIS RECOVERY
Hong Kong, Macau…
The rebirth of local delicacies in Macau
Plataforma - Macau - 03/02/2023
After the “desert” of customers caused by the pandemic, Macau’s delicatessen industry is now seeing a boom
Macau’s tourism industry is inseparable from the delicatessen industry, with many tourists regularly leaving the city with various local…
Good performance of the game in Macau is still insufficient to talk about full recovery
TDM Rádio Macau - 31/01/2023
Despite the good performance of gambling in the first six days of the Chinese New Year it is still early to talk about a full recovery of the sector.
This is what analyst Ben Lee says, in statements to TDM-Radio Macau.
The mass market was the one that obtained the best…
Macau reopening helps gaming sector to triple weekly results
Macau News Agency - 27/01/2023
DEUTSCHE BANK ANALYST REPORT POINTS OUT THAT THE REOPENING OF THE RAEM’S BORDERS THIS MONTH HELPED THE GAMING SECTOR TO TRIPLE THE WEEKLY AVERAGE RESULTS. HOWEVER, PLEASE BE ADVISED THAT GAMING RESULTS DURING THE CHINESE NEW YEAR PERIOD ARE GENERALLY LOWER
The gross…
Chinese overseas travel picks up during Chinese New Year
Xinhua - China - 26/01/2023
On the first day of the Chinese Lunar New Year, a Chinese tourist surnamed Wu arrived in Bangkok, Thailand, along with her parents, at the start of a long-awaited vacation.
“I wanted to take my family to Thailand a few years ago, but it wasn’t possible due to the…
50,000 visitors on the first day of the Year of the Rabbit holidays in Macau
TDM Rádio Macau - 23/01/2023
The number of tourists arriving in Macau on the first day of the three official holidays celebrating the entry of the Lunar Year of the Rabbit rose by almost 60 percent. Yesterday 50090 tourists arrived, while the day before there were just over 31500.
The number of…
VIP gambling in Macau drops 64% by 2022
Lusa - Macau - 16/01/2023
Revenue from big bets in Macau was MOP10.1 billion (€1.1 billion) in 2022, down 64% from 2021, and 92.5% from 2019 (a pre-pandemic year), it was reported today.
In the last quarter of the year, operators collected 2.1 billion patacas (240 million euros) in the last…
Looking for new gaming revenue in the Macao SAR
Plataforma - Macau - 13/01/2023
Old business model has no place in the new gaming concessions. It is unanimous among analysts that the opening of borders will allow the return of revenues, but there is no consensus on the level of recovery for 2023. The race for foreign markets will have to wait for the…
"Macau's tourism industry is ready"
Plataforma - Macau - 13/01/2023
Chinese New Year should be even better than what Macau’s Government has predicted. The age and habits of tourists entering the SAR have changed compared to 2019. Industry members talked to PLATAFORMA about cutting with the past and the need to have new ideas and…
Macau will launch campaign to attract foreign visitors
TDM Rádio Macau - 11/01/2023
The deputy director of the Macau Tourism Bureau announced today that the government will soon launch a campaign to attract more foreign tourists to Macau.
Without going into details, Cheng Wai Tong announced that there will be more offers for those who decide to visit…
