Satellites - o que vai acontecer aos edificios e aos trabalhadores
jan26 Macao’s satellite casino closures trigger sharp drop in surrounding property values The exit of satellite gaming operations has caused property valuations in affected areas, particularly ZAPE, to plummet by as much as 60 percent, according to industry assessments While the overall impact on Macao’s gaming sector remains negligible, retail businesses reliant on casino footfall face an uncertain future as leases expire The discontinuation of Macao’s satellite casinos has resulted in substantial decreases in the value of properties that previously accommodated these gaming venues. Estimates cited in local and gaming media suggest that prices have fallen by between 30 percent and 60 percent. Property firm Savills noted that the satellite casino closures have directly impacted both the properties themselves and the adjacent retail zones, particularly within the ZAPE district. Franco Liu, managing director of Savills in Macao, was quoted as saying that the magnitude of the f...