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Showing posts from February, 2024

"deleveraging to take some time" (and dividends)

mar25 The board of Macau-based casino operator MGM China Holdings Ltd has proposed the payment of a final dividend for the year 2024 of HKD0.251 (US$0.032) per share. The Hong Kong-listed company said in a filing on Thursday that it expected to spend HKD953.8 million on the dividend. The firm added that the amount represented “approximately 20.7 percent of the group’s profit for the full year 2024.” In that year, MGM China’s adjusted earnings before interest, taxation, depreciation, and amortisation rose by 25.2 percent year-on-year to nearly HKD9.06 billion. That was on aggregate revenue that grew by 27.2 percent from 2023, to just under HKD31.39 billion. The firm posted a 2024 profit of HKD4.60 billion, a jump of 74.5 percent compared to 2023. The company anticipates the final dividend will be paid on or about June 12, to shareholders whose names appear on the register of members on June 3. The dividend payment remains subject to shareholders’ approval. “The board has resolved to rec...

Demasiados turistas? Overtourism

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dez25 Urbanismo: Sugeridas medidas para evitar turismo em excesso Chan Chio I, urbanista, defende que se deve evitar que as seis zonas históricas, alvo de requalificação, fiquem todas iguais, alertando também para o impacto negativo que o turismo de massas pode trazer a locais antigos, podendo contribuir para a sua descaracterização   2025-12-20   Andreia Sofia Silva e Nunu Wu No contexto da revitalização de seis zonas históricas do território, numa parceria entre Executivo e as operadoras de jogo, a urbanista Chan Chio I defendeu, segundo o jornal Ou Mun, que se deve evitar uma homogeneização, ou seja, deve manter-se as características tradicionais de cada zona, sem esquecer a procura de mercado e a respetiva estratégia urbanística. A responsável chamou também a atenção para os perigos do excesso de turismo, alertando que pode “ofuscar” as características de cada zona, devendo executar-se um planeamento a ser partilhado por residentes e turistas. Assim sendo, Chan Chio I pens...

Os satélites (VER OUTRA ENTRADA)

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JUNHo25 EXTENSO DOSSIER https://asgam.com/2025/05/29/on-the-brink/?utm_source=IAGMM&utm_campaign=4b7deca661-EMAIL_CAMPAIGN_2024_05_21_11_42_COPY_02&utm_medium=email&utm_term=0_-8564025909-131421005 may 25 Johnson Ian Resources must be concentrated to decisively address the practical difficulties faced by small and medium-sized enterprises, especially the unresolved issue of satellite casinos. If all eleven existing satellite casinos close by the end of this transitional three-year period, Macau will experience large-scale chain reactions, leading to disastrous impacts on overall economic vitality and the local job market. The authorities cannot afford to delay any longer. https://www.macaubusiness.com/opinion-macaus-economy-a-slow-remedy-cannot-address-an-emergency/ may25 The Monetary Authority of Macau (AMCM) has dismissed concerns around the potential impact of satellite casino foreclosures on Macau’s financial institutions, revealing that it regularly collects informatio...