This transition took effect at 2 a.m. on December 30, after the Macau government granted SJM the authority to operate Casino L’Arc Macau directly, thereby ending its previous status as …
Macau Economy
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Royalty payments are fees subsidiaries pay to their parent companies for the use of brands, trademarks or management services. In Macau’s casino sector, these charges are deducted from operating earnings, …
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According to figures released on Friday by the Statistics and Census Service, the composite consumer price index (CPI) recorded a modest increase compared with the same period last year, indicating …
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Stable hotel room rates during Christmas, occupancy set to exceed 85 per cent: Industry rep
by Nelson MouraHotel room rates in Macau are expected to remain stable over the Christmas period, with average occupancy forecast to exceed 85 per cent as holiday demand picks up, an industry …
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Macau Jan–Nov visitation reaches 36.5 mln, full‑year figure on track for 39 mln: MGTO director
by Nelson MouraThe figure is already higher than last year’s full‑year tally of 34.93 million. Speaking to a media group in Harbin on Tuesday, on the sidelines of the 2025 Global Tourism Economy …
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According to the MEA’s economic climate report, October saw strong performance driven by China’s “Golden Week” holiday. Key metrics such as visitor arrivals and hotel occupancy rates surged into the …
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The funding arrangement was disclosed in the opinion report published by the Second Standing Committee of the Legislative Assembly, which is currently reviewing the 2026 fiscal budget. According to the …
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By then, all 1,169 staff will be moved to other operations of SJM Resorts as the gaming operator completes a closure process supervised by the Gaming Inspection and Coordination Bureau. …