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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 ...

ag25 Paradise Paradise Entertainment profits soar, but the company warns of upcoming obstacles The Macao-based gaming company reported a 48.5 percent rise in first-half profit, most of which was attributed to a soon-to shut satellite casino In a recent filing, Paradise Entertainment affirmed its intention to focus on expanding its LT Game electronic equipment division into new markets https://macaonews.org/news/business/macau-paradise-entertainment-results-first-half-2025-casinos/ ag25  Macau Legend Macau Legend Development Ltd. expects to post a loss of HK$1.42 billion (US$182.6 million/MOP1.47 billion) in the first half of 2025, primarily due to a HK$1.29 billion impairment linked to the planned closure of its satellite casino in Macau. The Macau hotel and casino firm disclosed the projection in a filing to the Hong Kong stock exchange on Tuesday. Macau Legend operates the hotel and entertainment complex Macau Fisherman’s Wharf, located on the Macau peninsula, where Casino Legend...