Retendering21-22

ag25 Macau is now home to 52,898 full-time employees in gaming, up 0.7 per cent from the previous year. Fresh information from the Statistics and Census Service shows that a casino worker earned a monthly average of MOP27,390 (US$3,402) in June, with this figure up by 2.4 per cent year on year. The agency said that salary growth was behind the rise, with those considered local earning MOP27,340 per month, also up by 2.4 per cent. In the second quarter alone, there were 208 vacancies, with over 74 per cent of them requiring senior secondary education. The sector also saw a turnover rate of 1.6 per cent, down 0.6 percentage points from the previous year, with recruitment rate at 1.1 per cent, suggesting a stabilisation in manpower demand. https://www.macaubusiness.com/macau-gaming-workforce-grows-to-52898/ jul25 Around 90% of the middle and senior staff of Macau’s six concessionaires are now local employees, the government has revealed. According to information made public by Secretary f...

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...

ag25 SANDS M acau’s  rich cultural heritage and vibrant entrepreneurial spirit are at the heart of Sands China’s mission to foster local economic growth. Through initiatives like the F.I.T. Programme and the “Entrepreneurship Recruitment Programme for Rua das Estalagens”, Sands China is empowering small businesses and young innovators to thrive. One such success story is Café Fantart, a local creative cafe specialising in puff pastries and various baked goods alongside main courses—a nostalgic yet innovative eatery that has become a beloved fixture in the revitalized Rua das Estalagens. https://macaudailytimes.com.mo/revitalizing-macaus-historic-streets-sands-chinas-commitment-to-local-entrepreneurship.html ag25 GEG Galaxy is currently advancing its Phase 4 development, expected to be completed by 2027, which Kelley described as “rounding out a lot of our major development efforts.” https://macaudailytimes.com.mo/galaxy-eyes-growth-with-expansion-and-entertainme...