ab25 The new regulatory framework overhaul that was implemented through reforms in 2022 and 2024 led to “major corrections” in the Macau casino industry rather than routine updates, aimed at fixing what had become a dangerously unbalanced system after two decades of breakneck expansion, gaming law expert Jorge Godinho argues in a recent study. “There were too many gaming promoters and VIP rooms, too much credit for gaming, and too much money moving out of China,” Godinho writes in his study , The Macau SAR Regulation of Casino Gaming: Structural Features After the Reforms of 2022–2024 . Jorge Godinho, Gaming Law Expert “Numerous casinos were built, but not that many non-gaming services were developed.” The reforms come after years of unsustainable growth, followed by sharp decline during the COVID-19 pandemic. The gaming industry peaked in 2013/14 but entered what Godinho describes as “a bumpy ride that became a freefall.” Macau’s reliance on high-rolling V...
nov25 Os estabelecimentos hoteleiros da região semiautónoma chinesa de Macau tiveram 89,3% dos quartos ocupados no mês passado, o valor mais elevado para outubro desde antes da pandemia de Covid-19, foi anunciado esta sexta-feira. https://observador.pt/2025/11/28/hoteis-de-macau-registam-maior-ocupacao-em-outubro-desde-antes-da-pandemia/?utm_campaign=immediate&utm_content=article&utm_medium=email&utm_source=observador_alerts nov25 Uncertainties still cloud Macau’s gaming industry and economy: CE https://www.macaubusiness.com/uncertainties-still-cloud-macaus-gaming-industry-and-economy-ce/ nov25 Macau’s casino industry defied expectations in October, posting its strongest gains since mid-summer. Gross gaming revenue climbed 15.9% year-on-year to MOP24.09 billion ($3.01 billion) — beating the median analyst estimate of 11.7% — and reaching 91% of 2019’s pre-pandemic level. Published today (Saturday) by the gaming authority (DICJ), the results suggest that demand for gaming an...
out25 Macau’s pawnshop industry, once a thriving pillar of the city’s casino economy, has seen its fortunes plummet from over 200 establishments at its 2014 peak to just 56 today. A fourth-generation pawnbroker charts the sector’s dramatic rise and fall — and warns of further decline ahead. By Jing Wu (text) and Gonçalo Lobo Pinheiro (photos), Lusa Alexander Wai Kai Leong, 39, the fourth-generation owner of Veng Seng Pawnshop, is a man whose story is told in gold and jade — and his first impression is striking, thanks to the jewellery he wears. A gleaming gold watch and a gold ring set with a vivid green jade stone immediately draw the eye to his left hand. His right hand is equally adorned: a golden dragon ring coils around his index finger, and a large ruby sparkles on his ring finger. A string of wooden prayer beads wraps his right wrist, completing the ensemble. Leong’s family legacy began in 1940, when they owned eight pawnshops in Hong Kong. At the time, during the Second Si...
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