The 16th edition of the Venetian Macau Golf Open 2014, one of the highlights on the Asian Tour, will tee off on Thursday, 23 October at the picturesque Macau Golf and Country Club. The tournament boasts a field of former champions, including last year’s victor, Scott Hend, fresh from his thrilling Hong Kong Open triumph last week, alongside four-time Major winner, Ernie Els, and the evergreen Spaniard Miguel Angel Jiménez.
The Venetian Macau Golf Open is jointly organised by Macau Sport Development Board of Macau SAR Government (MSDB) and Golf Association of Macau. It is sanctioned by both the Asian Tour and the Golf Association of Macau, and promoted by IMG. The Venetian Macao® is the title sponsor of the event for a third successive year. This year’s event boasts a total prize fund of US$900,000, an increase of 12.5% compared to last year.
Each November during the Macau Grand Prix, Macau wakes up with a jolt as more than 200 racing drivers and riders, as well as thousands of motor sports fans, descend on the territory for the world’s only international street circuit race meeting which features both car and motorcycle races.
The 61st running of the legendary event, the Macau Grand Prix 2014 will be held with a total of three days of extraordinary racing from November 13th to 16th.
Macau Grand Prix Straight
The program is unprecedented in its depth of talent, diversity, and prestige, with an impressive combination of exciting young talent, established stars and the world’s most famous names in automotive excellence.
Analysts expect revenue from mass-market gaming to make up an increasing proportion of all casino gaming revenue in future, Business Daily reports.
The newspaper says that for years revenue from VIP-market gaming accounted for three-quarters of all gaming revenue, but that in the third quarter of this year mass-market revenue accounted for 44 percent.
It quotes analysts as saying it is only a matter of time before the mass market accounts for over half of revenue.
Caesars Entertainment Corp is seeking a licence to build a US$1 billion (about MOP8 billion) casino-resort in the Philippines, Bloomberg reports.
The news agency quotes the president of Caesars Entertainment’s international development arm, Steven Tight, as saying he and the company’s chairman, Gary Loveman, had preliminary talks with Philippine President Benigno Aquino last month.
“There’s no major international brand currently in Manila,” Mr Tight said. “There’s a chance to create something that will drive tourism, that will really put Manila on the regional tourism map.”
The Philippine Amusement and Gaming Corp regulates casinos in the Philippines. Its chairman, Cristino Naguiat, confirmed that Mr Aquino had had discussions with Caesars.
Macau’s hotels had combined receipts of MOP25.3 billion (US$3.17 billion) last year, 15 percent more than the year before, official data show.
The Statistics and Census Service says MOP4.6 billion of this money came from abroad.
More guests and more rooms meant receipts from hotel rooms rose by 17 percent to MOP11.94 billion. Receipts from selling food and drink in hotels rose by 14 percent to MOP5.58 billion.
The hotel industry’s expenditure increased by 10 percent to MOP21.54 billion. Its labour costs rose by 5 percent to MOP8.18 billion.
Macau had 100 hotels and guesthouses last year, and 39,909 people worked in the industry.
The annual rate of consumer price inflation was 5.82 percent last month, the Statistics and Census Service says.
Government statisticians attribute the inflation chiefly to higher rents for housing and the higher cost of eating in restaurants.
The annual rate of housing and fuel price inflation was 12.15 percent. Food and non-alcoholic drink price inflation was 5.46 percent.
In contrast, communication prices decreased by 0.13 percent in the year ended September.
The average annual rate of consumer price inflation in the 12 months ended September was 6.03 percent.
The trade union representing employees of bus operator Transportes Urbanos de Macau SARL says 10 assaults causing injury to Transmac employees have occurred this year, Business Daily reports.
The newspaper quotes a notice which the union placed in the Chinese-language Macau Daily News as saying that in the latest attack a bus passenger poured liquid on the driver of the vehicle and struck him, injuring his nose.
Business Daily quotes the Transport Bureau as saying it is aware of such incidents and that it would try to promote greater mutual understanding between bus passengers and drivers.
The chairman of the Legislative Assembly committee considering a bill to reform the terms of employment of public servants, Chan Chak Mo, is unsure whether the assembly can pass the bill this year, as scheduled.
Mr Chan told reporters that this was because government officials had yet to answer the queries of members.
“The work of the government is not so smooth, maybe because of the holidays or because the term of this government will end in a few months,” he said.
The bill is meant to rationalise the employment contracts of public servants.
U.S. homes sold in September at their fastest clip this year, yet the housing market has yet to fully shake off a slowdown that began in the middle of 2013. The National Association of Realtors says sales of existing homes rose 2.4 percent to a seasonally adjusted annual rate of 5.17 million. Still, the sales […]
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TAIWAN A Taiwanese air force pilot was killed in an aerial collision between two training jets yesterday. One jet was not badly damaged, and the pilot flew it back to base safely. The other pilot bailed out after the midmorning collision in the southern county of Kaohsiung. He was taken to a hospital where he […]
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The Mexican government announced rewards yesterday of 1.5 million pesos (USD111,000) for information on 43 students from a rural teachers’ college who have been missing since Sept. 26. The government ran full-page ads in Mexican newspapers with pictures of the 43 young men. The government also offered 1.5 million pesos for information on those who […]
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The Macau Taxi Passengers Association, which operates the Macau Taxi Driver Shame Facebook group, has started a petition gathering signatures in support of changes proposed by the Macau government to improve taxi services. The association said in a press release that the petition calls for “the support of the government’s efforts to improve Macau’s taxi […]
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