Retendering21-22

marc26 O secretário para a Economia e Finanças, Tai Kin Ip, reconheceu ontem que o gasto per capita dos turistas está em contracção, e que os hábitos de compras foram substituídos pela procura de novas experiências. As declarações foram prestadas durante um simpósio da Associação Comercial de Macau, e citadas pelo jornal Ou Mun. O governante admitiu que estas alterações fazem com que o ambiente de negócios seja mais exigente para as empresas de Macau, e aconselhou os comerciantes a “responderem de forma científica às mudanças”, “a procurarem de forma activa mudarem os seus negócios para melhor” e “adaptarem-se às novas situações”. Tai Kin Ip alertou ainda os empresários que só desta forma é que vai ser possível “alcançar um desenvolvimento sustentável”. Apesar destes alertas, o secretário afirmou que as Pequenas e Médias Empresas são a base da economia local e contribuem para a maioria do emprego da população e da revitalização da economia. Para combater as dificuldades, o secretário a...

fev26 GEG LUXO Galaxy Entertainment Group  is doubling down on entertainment and ultra-luxury is its cornerstone going forward, with recent openings of premium-focused hotels and offerings catering to more demanding customers. “Going forward […] the super premium mass market is the focus of our competition […] because people coming to Macau do not just want to gamble. We need to provide good F&B, good concerts to attend, retail, etc,” noted   GEG Chairman Francis Lui   at a media briefing for its   annual results   on Thursday. https://agbrief.com/news/macau/26/02/2026/ultra-luxury-and-super-premium-the-focus-of-galaxy-going-forward-management/?utm_source=Asia+Gaming+Brief&utm_campaign=02bb02de7b-AGB%3A+%2302334+Friday%2C+27th+February%2C+2026&utm_medium=email&utm_term=0_51950b5d21-02bb02de7b-%5BLIST_EMAIL_ID%5D&ct=t%28AGB%3A+%2302334+Friday%2C+27th+February%2C+2026%29&goal=0_51950b5d21-02bb02de7b-%5BLIST_EMAIL_ID%5D&mc_cid=02bb02de7b...

 fev26 Macau recorded a new all-time high in entries and exits at the borders of the SAR ten days ahead of the Lunar New Year—the world’s largest annual migration—authorities announced on Sunday. Macau’s Public Security Police (PSP) said the SAR’s borders registered around 867,000 crossings on Saturday, the highest number since daily records began. In a statement, the PSP said the largest share of movements (39.1 per cent) was attributed to tourists. Macau, the world’s casino capital, received around 174,000 visitors on Saturday, still well below the daily record of 188,000 set on 2 January. Meanwhile, Macau residents accounted for 36.7 per cent of border crossings, while migrant workers represented 21.6 per cent. According to PSP data, the territory’s largest checkpoint, the Border Gate, was also the busiest, with nearly 463,000 crossings—the highest daily figure in the past five years, since the start of the Covid-19 pandemic. In neighbouring Hong Kong, the Secretary for Culture,...

fwv26 A “new phenomenon” in the Macau casino market is that “even ahead of a holiday” there is “no slow period,” said Kenneth Feng Xiaofeng, chief executive of Macau operator MGM China Holdings Ltd. He was speaking on Thursday on the call of the parent, MGM Resorts International, to discuss the fourth-quarter earnings of the whole group. On Wednesday the parent had reported MGM China’s net revenue for the three months to December 31 as having  climbed 21.4 percent  year-on-year, to just under US$1.24 billion. The Macau unit had adjusted earnings before interest, taxation, depreciation, amortisation and rent (EBITDAR) of just under US$332.3 million for the reporting period, an increase of 30.5 percent from the same quarter a year earlier. Mr Feng was asked on the call about costs in the Macau market, business margins and the prospects for the upcoming Chinese New Year (CNY) break, a nine-day holiday on the Chinese mainland, that begins on February 15. The MGM China CEO stated: ...

jul26 MGM In the Macau market, MGM China runs the MGM Macau property downtown, and MGM Cotai in the newer casino district. Jonathan Halkyard, chief financial officer at MGM Resorts, noted during the call that the group had “commenced design work on approximately 100 suites at MGM Macau as part of our ongoing commitment to staying ahead of the evolving consumer tastes and preferences”. Mr Hornbuckle added that MGM China had “continued to outperform the market in the second quarter while maintaining a solid market share of 16.4 percent, a sequential increase of a full percentage point”. He further noted: “While the World Cup temporarily impacted June volumes in Macau, this was a transitory event rather than a secular shift. Our confidence is reinforced by the immediate and encouraging rebound in volumes observed post tournament throughout the month of July.” Kenneth Feng Xiaofeng, CEO and president of MGM China, noted visitor volumes in Macau and “business volumes” had “strongly picked u...