Search Results for: macau government
Expert: Macau Government and Gaming Operators Need to Reconsider Plans for Market Sustainability
May 10, 2023
Macau is renowned as the "gambling heaven" throughout the Asian market. It appears, nonetheless, that it has difficulties with non...
Report claims Macau government demanding greater investment guarantee from concession bidders as final proposals submitted
November 28, 2022
The Macau SAR Government has asked the seven companies bidding for a new 10-year gaming concession from 2023 to increase their pro...
Macau government officially accepts Genting Malaysia bid for casino concession: report
October 19, 2022
A bid by Genting Malaysia subsidiary GMM S.A. for one of the six Macau gaming concessions being offered under the government’s p...
Scholars say Macau government request for bidders to invest more out of step with reality
October 17, 2022
The seven companies bidding for Macau gaming concessions under the government’s re-tender recently held three meetings with the ...
August: Macau Government collects MOP244.4m in gaming tax
September 22, 2022
Figures from Macau’s Financial Services Bureau reveal that its Government has collected MOP244.4m ($30.2m) from direct taxes rel...
Macau government planning to require negative test result to enter some businesses
July 27, 2022
The Macau government plans to introduce new measures requiring the presentation of a negative nucleic acid test (NAT) result to en...
Ponte 16 Executive Says Macau Government Should Allow Satellites to Get a Performance-Based Casino Revenue Share
June 14, 2022
A management official at one of the most prominent satellite casino resorts in Macau – Ponte 16 – has shared his hopes to see...
Macau government cuts junket tax revenue forecast for 2022
January 13, 2022
The Macau government is expecting to collect only MOP43 million in tax on commission from casino junkets in 2022, after the crack...
Macau government foresees “a sharp drop” in gaming revenues as it reviews budget
October 1, 2021
The Head of the Government, Ho Iat Seng, stated that the detection of cases in August and September "ended up frustrating" the ec...
Chinese Government Contemplates New Visa for Macau-Hengqin Tour Groups
April 11, 2024
The Chinese government is thinking of implementing a special visa for Chinese tour groups that would facilitate easy travel betwee...