Retendering21-22

nov25 Macau’s gaming industry has been losing workers for three consecutive quarters on a year-on-year basis, according to data released on Friday by the city’s Statistics and Census Service. At the end of September, the city had approximately 68,900 people employed in the gaming industry, a decrease of 3.6 percent year-on-year. The figure was the lowest since the fourth quarter of 2023, when the tally stood at 67,400 workers. The number of staff in so-called “betting-related” positions – such as croupiers or cage managers – declined by 6.6 percent year-on-year, standing at 38,800 in the third quarter of 2025. It was also the third consecutive quarter of year-on-year declines. The reduction in the number of workers in the gaming industry coincides with the closure of several so-called “satellite casinos” across the city. Under the city’s revamped gaming regulatory framework – which coincides with the current concessions of the six Macau operators – from next year, third-party investors...

Nov24  Gov’t predicts MOP240 bln in 2025 gross gaming revenue Macau’s government has forecast a total of MOP240 billion (US$29.7 billion) in gross gaming revenue for 2025, compared to MOP216 billion budgeted for the current year. According to the fiscal budget for next year presented to the Legislative Assembly, the authorities are looking to receive MOP121 billion in revenue next year, with expenditure expected to hit MOP113.38 billion – up about 7 per cent year on year. This will result in a surplus of MOP7.7 billion. Meanwhile, the government-initiated programme known as PIDDA is to cost about MOP19.78 billion. A higher GGR is expected to be achievable due to increased visitation amidst a transition in tourism and consumption modes, the budget says. There is an expected rise of 13 per cent from the initial budget for 2024. https://www.macaubusiness.com/govt-predicts-mop240-bln-in-2025-gross-gaming-revenue/ jun24  88.0 percent of the city’s pre-pandemic 2019 GGR Macau is lik...

mar26 SJM Resorts, S.A. says it is progressing with plans to better integrate its peninsula Lisboa properties via a phased opening of new gaming space at Hotel Lisboa and ongoing renovation work on hotel rooms at both Hotel Lisboa and Grand Lisboa, due for completion in the second half of 2026. Providing an update on its enhancement program as part of its 2025 results release overnight, SJM confirmed that it had in November launched new gaming space at Hotel Lisboa’s Crystal Palace in November, utilizing gaming tables and machines relocated from recently shuttered satellite casinos. The new space was  acquired from parent company STDM last year  as part of a HK$529 million (US$68 million) deal. SJM, which also acquired former satellite casino L’Arc last year in order to maintain a strong presence on the Macau peninsula, revealed Thursday that a second phase of the acquired gaming space at Hotel Lisboa is scheduled for opening by mid-2026 and the remaining portion by the end of...