Manuel Neves, director of the Gaming Inspection and Coordination Bureau (DICJ), predicts that the local gaming and betting sector’s annual gross receipts will “very probably” reach 100 billion patacas at the end of the decade, when he expects the number of casinos to reach 34 or 35. Mr. Neves made the forecast in an interview

The number of hotel and restaurant employees reached a record 30,563 in the first quarter of this year, an increase of 35 per cent on the same quarter of last year, the Statistics and Census Service (DSEC) has announced. The average monthly earnings of hotel and restaurant workers rose 18.9 per cent year on year to

Melco PBL Entertainment (Macau) Limited (NASDAQ: MPEL), a developer and owner of casino gaming and entertainment resort facilities focused exclusively on the Macau market, announced that its subsidiary, Melco PBL Gaming (Macau) Limited, has today secured commitment from a group of banks for senior secured term and revolving loan facilities in the amount of US$2.75

Information from the Statistics and Census Service showed that the number of visitor arrivals totalled 2,121,988 in May 2007, representing a year-on-year increase of 24.3%. Visitors from Mainland China; Hong Kong; and Taiwan, China grew by 21.5%; 27.9% and 5.0% respectively. Meanwhile, same-day visitors accounted for 53.6% of the total arrivals, at 1,136,450. The majority of

Budget airline Viva Macau has begun selling its much-awaited fares from Sydney to the Chinese province, offering a $768 flight and accommodation package as an impressive lure. The carrier will touch down in Sydney on August 15 as the first Asian low-fares airline to fly to Australia's eastern seaboard. Introductory fares of $305 one-way and $588 return,

The Secretary for Economy and Finance, Mr Francis Tam Pak Yuen, today confirmed that Banco Delta Asia had remitted a sum of over 20 million US dollar out of Macao. The money is from dozens of accounts and the remittance was done according to instruction of several dozens clients from Democratic People's Republic of Korea, said

Las Vegas Sands Corp. plans Aug. 28 to open its highly anticipated Venetian Macao Resort Hotel in booming Macau, the only place in China where casino gambling is legal. The 10.5 million square foot (945,000 square meter) property will be key to Macau's bold bet to transform itself from a casino town for day-tripping gamblers, to