Satellites - o que vai acontecer aos edificios e aos trabalhadores
jan26
Grand Emperor vende tijolos de ouro após encerramento do casino-satélite
Os tijolos de ouro que ornamentavam há mais de 20 anos o átrio do Grand Emperor Hotel, em Macau, foram removidos e vendidos por cerca de 93 milhões de patacas, no âmbito dos planos de renovação do espaço após o fecho do casino-satélite
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 fall in value varies, depending on the value that gambling activities had contributed to a given property.
The consultancy’s analysis indicates that properties associated with the most successful satellite casinos have endured the steepest devaluation. Conversely, properties connected to less profitable casinos generally recorded smaller, yet still significant, drops.
[See more: Macao residential mortgage approvals rise as commercial lending plummets]
Savills also discovered a corresponding effect on nearby commercial spaces. Rents and prices for surrounding shops have fallen by up to 50 percent from their peak. Retailers with a strong link to gambling, such as jewellery and pawn shops, have seen the sharpest downturns, while essential businesses like pharmacies and supermarkets have been relatively less affected.
Casino-dependent merchants are unlikely to maintain previous rental agreements when their leases are up for renewal, according to Savills. Some are predicted to close, while others may seek lower rents, scale down their businesses, or shift towards retail focused on daily needs as the demand driven by the gaming sector recedes.
Billy Song, president of the Macao Responsible Gaming Association, shared this view. “Since the satellite casinos ceased operations, foot traffic in those areas has clearly declined,” Song told Asia Gaming Brief. “Hotels and restaurants located in the same buildings are still operating, but the overall flow of people is not what it once was.”
https://macaonews.org/news/business/macau-satellite-casino-closures-property-values/
jan26
A Melco encerrou a sala Mocha no hotel Royal, mas foi autorizada a dar continuidade à exploração de três espaços de “slot machines”, a partir de 1 de Janeiro. A concessionária do jogo manterá o vínculo laboral estabelecido com os trabalhadores
https://jtm.com.mo/local/melco-vai-contratar-sociedade-para-explorar-salas-mocha/
jan26
The Labour Affairs Bureau (DSAL) has dismissed allegations regarding the relocation of former satellite casino employees, calling them false rumors.
In a written response to an inquiry from the Times, the DSAL said that “as of 11:59 p.m. on Dec. 30, all satellite casino venues had ceased operations.”
Throughout this period, the DSAL said it had closely monitored the gaming concessionaires’ proper placement of local employees from satellite casino venues, continuously overseeing the process to facilitate a smooth transition and continued employment for affected staff. “To date, the transition process for local employees at satellite venues has proceeded smoothly,” it added.
“The DSAL has not received any reports or complaints regarding related labor disputes or false employment relationships. The situation mentioned in your inquiry is purely a false rumor and not factual.”
In its inquiry, the Times cited several online conversations and posts alleging that mishaps occurred during the relocation and reemployment of affected satellite casino employees, including claims that some were offered positions they knew were temporary by mutual agreement, as they would soon be dismissed, while others were being “falsely promoted” to make way for additional non-resident labor quotas.
In some of these conversations, it was also alleged that several local employees in other positions were being dismissed to integrate staff from satellite casinos, among other claims.
In response, the DSAL said that all these situations were fabricated and false and that the bureau would “strictly follow up on any illegal activities such as false recruitment, providing inaccurate employment information, forging employment relationships or documents with local residents, or making false statements.”
The DSAL also remarked that “it will pursue the legal responsibilities of employers or employees as required by law and, through random inspections and visits, monitor corporate hiring practices to safeguard the priority employment rights of local employees.”
The bureau further called on members of the public with specific information or cases to come forward and report them to the labor authorities, noting that “if criminal offenses are involved, the matter will be referred to law enforcement authorities for follow-up.”
Regarding calls from several lawmakers and groups for additional restrictions on the import of non-resident workers – particularly in sectors such as hospitality, finance, and banking –the DSAL said it “will continue to refine the approval system for non-resident workers to better regulate their numbers dynamically.”
https://macaudailytimes.com.mo/dsal-refutes-alleged-issues-involving-former-satellite-casino-staff.html
dez25
O processo de encerramento dos casinos-satélite decorreu de “forma fluída”, tendo sido já “alocados para novos postos de trabalho” entre 3.000 e 4.000 funcionários, de um total de quase seis mil, segundo referiu o Chefe do Executivo. Sam Hou Fai disse que “até agora não foram recebidas reclamações”. Enquanto isto, o Secretário para a Economia e Finanças salientou que as zonas circundantes dos casinos-satélite estão a ser alvo de melhorias. Relativamente aos jogadores estrangeiros nos casinos, Tai Kin Ip disse que “ainda não há dados”, considerando que essas informações têm de ser tratadas “de uma forma muito prudente”
https://jtm.com.mo/local/concessionarias-ja-alocaram-milhares-de-funcionarios-dos-casinos-satelite/
nov25
Emperor’s satellite casino ceased operations on 30 October as part of citywide restructuring of satellite venues. Under current rules, all satellite operations must either close or be integrated into their respective concessionaires by the end of December.
Looking ahead, the company said it was “actively planning other entertainment and amusement facilities” to broaden the Grand Emperor Hotel’s future revenue base. It noted that it remained “optimistic” about Macao’s tourism potential – citing government policies and expanding global transport links – and said it would “continue enhancing its service offerings to capture the business opportunities.
https://macaonews.org/news/business/macau-emperor-entertainment-results/
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