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 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 ...

Macau’s satellite casino closures pose mixed outlook for SJM and local economy: Researcher The impending closure of 11 satellite casinos in Macau is poised to  reshape the local gaming landscape, delivering both strategic opportunities and operational challenges, especially for SJM Holdings, according to an academic at the University of Macau. “The  impact on the gaming operator  operations will be focused on SJM,” said Ricardo Siu, Associate Professor in Business Economics at UM’s Faculty of Business Administration. “Nine of the 11 satellite casinos are operated under its license”, he noted, with the remaining two tied to Galaxy Entertainment Group and Melco Resorts & Entertainment. Siu explained that the shift could ultimately boost profitability for SJM. “On average, profit margin (net GGR) of a gaming device like a gaming table to a gaming license holder is much higher if the device is operated by itself instead of by a satellite casino”, he said. “As competition...