Read the latest news from regional and global sources, presenting different voices and perspectives.
Macau Slot’s lottery concession renewed through June 2026
Asia Gaming Brief
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June 25, 2025
The Macau SAR government has extended its instant lottery concession agreement with Macau Slot for an additional year, according to an announcement published in the Official Gazette on Wednesday. The Financial Services Bureau confirmed that the...
Hong Kong Soars To World's Third Most Competitive Economy In 2025
International Business Times
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June 25, 2025
Hong Kong has cemented its status as a global economic powerhouse, climbing two spots to rank third in the World Competitiveness Yearbook 2025 (WCY 2025), published by the Swiss-based International Institute for Management Development (IMD) on...
Lawmaker questions cost and impact of IP-themed economic initiatives
Macau Daily Times
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June 25, 2025
Macau’s IP-themed “punch-card economy” or “Daka” initiatives are drawing criticism over their cost-effectiveness and tangible benefits to local businesses. Lawmaker Ron Lam examined the government’s “Flora Fête with Sanrio characters” and “Pop...
DSAL, Macau Pass, and Ant Bank launch youth training initiative
Macau Daily Times
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June 25, 2025
The Labour Affairs Bureau (DSAL), Macau Pass, and Ant Bank (Macau) have jointly launched the “Macau Pass x Ant Bank (Macau) – Management Trainee Program,” accepting applications from June 25 to July 12. The program offers 10 positions for young...
Wynn Corporate Bonds Supported by Buoyant UAE Casino Outlook
Casino.org
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June 24, 2025
Posted on: June 24, 2025, 04:05h. Last updated on: June 24, 2025, 04:05h. Wynn Resorts has junk credit ratings, but research firm sees opportunity with some of the issuer’s corporate debt Positive outlook supported in part by UAE casino hotel The...
Over 4.8K Macau satellite casino staff briefed as transition program rolls out
Asia Gaming Brief
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June 24, 2025
Macau’s Labor Affairs Bureau (DSAL) has begun implementing a series of transition support measures for employees affected by operational adjustments at satellite casinos and slot parlors, with intensified efforts starting on June 9th, 2025. The...
ITE Hong Kong 2025 successful concludes with 7626 buyers and trade visitors
Travel Daily Media
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June 24, 2025
Attended by 502 exhibitors from 64 countries and regions of which around 1/3 were from outside Asia; ITE2025 had around 88% of its exhibitors from overseas and outside. John KC Lee, the Chief Executive of Hong Kong SAR has again welcomed all...
Macau urged to tap Muslim tourism market via ZAPE development
Macau Daily Times
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June 24, 2025
Macau has been included for the first time in the Global Muslim Travel Index (GMTI) 2025, earning high rankings across several key categories for non-OIC (Organization of Islamic Cooperation) destinations. Published by CrescentRating and...
Macau Businesses Sound Alarm Over Casino Shutdown Fallout
Casino.org
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June 23, 2025
Posted on: June 23, 2025, 03:19h. Last updated on: June 23, 2025, 03:19h. Thousands of jobs risked by satellite casino shutdowns ZAPE businesses warn of severe economic consequences Government urged to support non-gaming district revival Business...
More than 400 exiting Macau satellite staff attend job fairs by casino concessionaires
GGRAsia
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June 24, 2025
A total of 423 employees from Macau satellite casinos have attended recent job-matching sessions provided by three of the city’s six gaming concessionaires, said the Labour Affairs Bureau on Monday. As of June 18, Sands China Ltd, SJM Holdings...
Macau to host global AI & electronics expo
Macau Business
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June 23, 2025
Guangdong authorities have announced that a world expo dedicated to artificial intelligence and electronic products will see its main forum held in Macau, with auxiliary exhibitions due to take place in neighbouring Zhuhai. According to the...
Macau promotes transition measures following satellite casino closures
Gambling Insider
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Macau Government outlines four-pronged strategy to support businesses after satellite casino closures. By Gambling Insider Key points: - Over 300 merchants visited since 10 June - Measures include tourism promotions, cross-border ticketing perks...
The 13 Hotel Macau, a Financial Disaster That Cost $1.4 Billion, Sells for $50.1 Million
Casino.org
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June 23, 2025
Posted on: June 23, 2025, 02:34h. Last updated on: June 23, 2025, 03:05h. The 13 Hotel in Macau has reportedly been sold The hotel was originally to be a VIP-focused casino hotel The project cost most of Stephen Hung’s fortune The 13 Hotel in...
Macau economic and tourism officials meet with owners of hotels impacted by satellite casino closures
Asia Gaming Brief
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June 22, 2025
Macau economic and tourism officials have met representatives from about 20 hotels located in the Outer Harbor Reclamation Zone (ZAPE) in order to discuss measures to alleviate the impact of the incoming closure of several satellite casinos in the...
INCLUSION Conference & Festival returns to Macau with greater local support
Macau Business
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June 23, 2025
The annual INCLUSION Conference Series & Festival has returned to Macau this week, bolstered by stronger local engagement and growing recognition, as it seeks to position the city as a regional hub for inclusive advocacy supporting neurodivergent...
Businesses in Macau’s NAPE area hold joint press conference calling on government to reconsider satellite casino closures
Inside Asian Gaming
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June 22, 2025
A number of businesses located in Macau’s Zona Nova de Aterros do Porto Exterior (NAPE) held a joint press conference late Sunday calling on the government and related gaming concessionaires to suspend their decision to close the city’s satellite...
Citi: Singer Jacky Cheung’s latest residency series showing signs of boosting Macau GGR in June
Inside Asian Gaming
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June 23, 2025
Investment bank Citigroup says it wouldn’t be surprised to see Macau generate more gross gaming revenue in June than previously forecast after the first of singer Jacky Cheung’s latest residency series at Galaxy Arena generated “significant...
Concerts by Hong Kong pop singer Jacky Cheung help lift Macau’s premium mass biz in June: Citi
GGRAsia
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June 23, 2025
A series of concerts by Hong Kong pop singer Jacky Cheung is likely to be the reason behind “all the positive findings” seen in a June survey of the Macau gaming market, said Citigroup in its latest memo. The banking institution said it observed a...
Sa Sa International Faces Sales And Profit Downturn Amid Economic Uncertainties
Retail News Asia
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June 23, 2025
Sa Sa International, a prominent beauty retailer, has recently disclosed a decrease in both sales and profits for its most recent fiscal year. This downturn is attributed to unfavorable market conditions in Hong Kong and Macau, the principal...
Hong Kong plans to sell artificial island in Lautau waters, Finance Secretary raises red flag
The Economic Times
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June 23, 2025
Rejecting notions that the government is planning to find and sell parcels to offset the deficit, Hong Kong will press on with building up its land bank but adopt a cautious stance on selling the sites, according to Financial Secretary Paul Chan...