Retendering21-22

 jul25 The development of Macau’s gaming industry should place greater emphasis on environmental protection and social welfare, according to a new study published in the latest issue of Global Gaming & Tourism Research by Macau Polytechnic University. The research, titled “Research on the Impact of Macau’s Gaming Industry on the Regional Economy and the Exploration of Its Sustainable Development Path”, was led by Yu Wai Hang, a lecturer at the Macau University of Science and Technology and chairman of the Macau Regional Economic Research Association. Analysing data from 2012 to 2022, the study found a “coordinated” positive relationship between gaming revenue and Macau’s sustainable development — particularly in the years before the Covid-19 pandemic disrupted the tourism-dependent economy. To assess sustainability, the researchers led by Yu deployed an index incorporating metrics such as gross domestic product (GDP) per capita, labour force participation, foreign direct invest...

 jul25 The unexpected resurgence of Macau gaming revenues over the past two months, which culminated in  June GGR smashing consensus at 19% year-on-year growth , appears to have been supported by the performance of the high-end gaming segments, according to investment bank JP Morgan. Analysts said in a Tuesday note that their on-the-ground checks indicate direct VIP and ultra-premium mass performed particularly well throughout the month, enough to drive June revenues back to 88% of pre-COVID levels – by far the highest recovery rate since the pandemic. The June result also saw combined Q2 GGR come in 8% higher year-on-year and 6% higher sequentially at MOP$61 billion on the back of a similarly impressive May. So, what drove the high-end gaming performance? According to JP Morgan’s DS Kim and Selina Li, key factors appear to have been the success of marquee concerts and events – specifically Jacky Cheung’s ongoing residency series at Galaxy Arena and three concerts by G-Dragon ...

 jul25 China lottery Over the past several years,  China’s lottery  industry has undergone a dramatic transformation, shaped by the sweeping effects of the COVID-19 pandemic, according to a study by Dr. Chen Haiping, an associate professor at the Faculty of Psychology at Beijing Normal University. The research, published in this year’s first  Global Gaming & Tourism Research  book from the Macau Polytechnic University (MPU), presents a detailed analysis of the post-pandemic evolution of the country’s lottery market. Drawing from official national sales data and demographic research, the study traces the structural, behavioral, and psychological changes that have redefined lottery consumption across the country. Downturn and recovery The pandemic’s initial outbreak in early 2020 delivered a sudden and severe blow to the industry. Government-imposed lockdowns and strict public health controls, including the closure of sales outlets and suspension of major spor...

 jun25 True diversification key to boosting gaming competitiveness, scholar says  Yuki Lei, MDT  Friday, June 6, 2025 - 1 week ago  No Comments  8,730 Views T he  government has prioritized developing non-gaming sectors to diversify the economy; however, Zeng Zhonglu, chairman of the Asia Pacific Association for Gambling Studies, argues that true diversification should enhance the gambling industry’s competitiveness, especially as countries such as Thailand move toward legalizing casinos. While the Macau government continues to promote non-gaming development, Zeng believes this effort should not come at the expense of the gambling industry. “If we are discussing non-gaming attractions, such development should be appropriate, given Macau’s limited size and resources. Over-investing in other sectors could hurt the core gambling industry and, by extension, the economy. Diversification efforts should strengthen – not weaken – the industry,” he told the Times in...

  Sector MICE enfrenta “oportunidades e desafios”   0     0     0 6 Jun, 2025 A formação de quadros qualificados e o impulso ao desenvolvimento económico foram duas vertentes em destaque no Dia Mundial de Exposições 2025, com Tai Kin Yip a enaltecer o papel de uma das principais indústrias enquadradas na estratégia da diversificação adequada da economia de Macau. O Secretário para a Economia e Finanças considerou que, “enquanto a indústria de exposições se desenvolve, devemos também reconhecer os problemas e desafios que enfrentamos actualmente”, os quais incluem a concorrência regional, a adaptação tecnológica e a transformação ecológica”   VÍTOR REBELO   “As Exposições Libertam Potencial” é o lema do Dia Mundial de Exposições 2025, focado no papel desempenhado pela indústria de exposições (sector MICE) na promoção da cooperação, formação de quadros qualificados, impulso ao desenvolvimento económico e expansão das redes de negócios, entre outras ...

jul25 IAG balanço https://asgam.com/2025/06/27/of-fortune-or-misfortune/ jul25 Where will low-stakes gamblers go when Macao’s satellite casinos close? Some observers say low-tier gamblers could be priced out of the market entirely, while mid-tier players would likely head for core Cotai Strip casinos Mid-tier satellite players could be directed to core casinos’ electronic gaming areas, one expert says, which typically have lower minimum bets than dealer tables https://macaonews.org/news/business/macau-satellite-casinos-customers/ jul154Macau legend Macau hotel and satellite casino services firm Macau Legend Development Ltd has proposed a share consolidation and enlargement of its board lot size for the trading of its stock on the Hong Kong bourse. The aim is to increase its share price and to facilitate trading activities, according to a filing Macau Legend lodged on Friday after Hong Kong Stock Exchange trading hours. Macau Legend has mooted that every 10 existing shares of the issued...