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 jan25 Sands China Ltd has introduced the “Alipay Tap!” payment service to its Macau integrated resorts under a new partnership with Alipay and Macau Pass. “Alipay Tap!” is an innovative payment service introduced by Alipay across mainland China in July 2024, allowing to simply unlock their phones and tap the merchant’s payment device to complete a transaction, without having to open the Alipay app. As part of the first phase rollout of the three-party partnership, “Alipay Tap!” now covers 300 merchants across The Venetian Macao, The Parisian Macao, The Londoner Macao and Sands Macao, including hotels, dining, shopping and ticketing, Sands announced on Tuesday. Allan Chung, Vice President of E-Commerce and Digital Marketing of Sands China Ltd, said, “Sands China is proud to be the first in Macau to offer this innovative payment technology. By deeply integrating it across various business operations within Sands Resorts Macao, we have significantly enhanced the payment experience, m...

 jan25 Remaining land plots in Cotai reserved for commercial use, DSSCU clarifies  Renato Marques, MDT  Monday, January 13, 2025 - 8 hours ago  No Comments  1,188 Views T he Land and Urban Construction Bureau (DSSCU) told the Times that the remaining unused land plots in the Cotai area are designated for commercial use. This information was provided in response to an inquiry from the Times. The area includes several land parcels near the Rotunda Flor de Lotus, between the Macao Union Hospital and the developments of gaming concessionaires. In its response, the DSSCU cited the Urban Master Plan, stating: “According to the ‘Urban Master Plan of the Macau Special Administrative Region (2020-2040),’ the land in question is located in an area designated for commercial use. Detailed plans have not yet been drawn up.” Although DSSCU noted that the final purpose of the land has not been determined, it emphasized that none of these plots will be used for gaming-related d...

jan25 Resultados Galaxy Macau’s Galaxy Entertainment Group is expected to have increased its market share and outpaced industry growth in the three months to 31 December 2024 , driven by a dynamic live events offering and the recent opening of revamped gaming supply, according to a note from Jefferies analysts Anne Ling and Jingjue Pei. With the company due to release its Q4 results next month, the analysts are forecasting revenue of HK$10.9 billion for the quarter, up 7% quarter-on-quarter compared with industry growth of 3%, and Adjusted EBITDA of HK$3.10 billion, up 5% quarter-on-quarter. Galaxy’s Macau market share is seen increasing by 1ppt. “This is driven by [Galaxy’s] rich offerings of events and concerts including Andy Lau (3 to 6 October), Dao Lang (8 to 9 November) and (G)I-DLE (25 to-27 October),” the analysts said, as well as “the continuous ramp-up of Phase 3 at Galaxy Macau and the upgrade of StarWorld’s level 3 that hosts the largest-scale Live Table Games terminals ...

 jan25 December’s  visit to Macau by China’s leader , Xi Jinping, probably helped to moderate the city’s gross gaming revenue (GGR) for that month, said several brokerages in Wednesday notes. The commentary followed the issuance that day of Macau’s December and full-year GGR. The year 2024 closed with December GGR of MOP18.20 billion (US$2.27 billion), down 1.3 percent compared with November’s  tally of MOP18.44 billion . The December figure was also down 2.0 percent from a year earlier, the only month of 2024 to post a decline in year-on-year terms. But Macau’s casino GGR for calendar year 2024  stood at MOP226.78 billion . The figure was up 23.9 percent year-on-year, according to data disclosed on Wednesday by the city’s casino regulator, the Gaming Inspection and Coordination Bureau. December was an “80 percent recovery versus pre-Covid, to conclude 2024 with a 77 percent recovery for the full year,” said analysts DS Kim, Mufan S...

 dec245 Gaming scion seeks to bet on e-sport hotel in Macau By   Aries Un Macau has the potential to weave e-sports into the fabric of the city’s hotel landscape, NIP Group chair Mario Ho has said. In a recent interview with CNBC International News, Ho revealed his intention to push for hotels dedicated to competitive video gaming. “I think the government is very supportive of sports and also … culture in Macau,” Ho said. “And e-sports is an integral part of that, being the most favourite and the most viewed sport for young people.” To illustrate e-sports’ popularity among the younger generation, the chairman of Macau e-Sports Federation mentioned the entry of a Macau squad to the 2022 Asian Games held in Hangzhou, the capital of Zhejiang province, last year. It was when e-sports finally evolved to become a medal event from a demonstration in 2018 in Indonesia. The games were forced by the Covid pandemic to take place a year later than scheduled. “You’ll see a lot more Macau e...