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The Statistics and Census Service (DSEC) of Macao announced that the number of guests of hotel establishments in January leapt by 55.7% YoY to 1.32 million. Moreover, the figure represented an increase of 7.4% compared to the same month of 2019.Guests from mainland China (1.004 million), Hong Kong (140,000) and Taiwan (32,000) j...
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According to Macao Daily News, the bill of "Law on Combating Illegal Gambling Crimes" was passed by the Legislative Assembly of the Macao SAR with 29 votes in favour and 3 abstentions. According to the introduction by Cheong Weng Chon, Secretary for Administration and Justice, the bill aims to strengthen the fight agai...
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Maria Helena de Senna Fernandes, the Secretary of Macau Government Tourism Office (MGTO), said that Macau's visitor arrivals during the 8-day Lunar New Year (LNY) golden week holiday in China in 2024 were satisfactory, with a daily average of nearly 170,000, which is similar to the 2019 level, according to recent reports mad...
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Macau's daily visitor arrivals in January 2024 fell by about 3% MoM to an average of 92,000 per day, reaching about 84% of the level in the same period of 2019, UBS released a research report saying. UBS believed that the MoM decline in Macau's visitor arrivals may be attributed to seasonal effects, as 2024 Lunar New Yea...
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Positive
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Shares | Ratings | Target prices (HK$)GALAXY ENT(00027.HK) | Outperform | 62SANDS CHINA LTD(01928.HK) | Outperform | 34.8MGM CHINA(02282.HK) | Outperform | 14WYNN MACAU(01128.HK) | Outperform | 10.2SJM HOLDINGS(00880.HK) | Neutral | 2.5Melco (MLCO.US) | Outperform | US$11.6~AAStocks Financial NewsWeb Site: www.aastocks.com
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