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Showing posts from June, 2025

True diversification

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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...

MICE

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  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 ...

Satellites III - encerramento a partir de junho 25

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out25 Macau’s concessionaires could be attempting to lure former satellite players to their casinos by offering lower betting limits at their integrated resorts than previously, according to investment bank Citigroup. The commentary formed part of Citi’s monthly Macau Table Survey via which analysts visit the gaming floors of all six concessionaires to evaluate latest initiatives as well as betting volume on their premium mass tables. Despite the bank’s latest visit coming during the ongoing October Golden Week holiday, analysts George Choi and Timothy Chau observed new gaming areas with lower minimum bet tables at both Galaxy’s StarWorld – where 16 tables were priced between HK$300 and HK$1,000 (US$39 and US$128) – and Melco’s City of Dreams where 15 tables were priced at HK$500 to HK$1,000 (US$64 to US$128). “We believe these are their attempts to garner business from satellite casinos,” the analysts said, referencing the  impending closure of all 11 Macau satellites  by yea...