Thursday, August 11, 2022


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Macau gov't implements austerity measures as GGR falls 35.5 percent


The Macau government announced that it will implement austerity measures following official data revealing gaming revenues declined 35.5 percent year

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Macau GGR in July not low enough to warrant austerity


In light of July’s gross gaming revenue, Macau Secretary for Economy and Finance Lionel Leong said the figure is not low enough to warrant austerity

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Macau may discuss austerity in August


Macau’s Finance Secretary Lionel Leong said gaming revenue in July may drop to below MOP18 billion ($2.25 billion) which would prompt the government

Ho says austerity measures may be needed


Melco Crown CEO Lawrence Ho believes Macau’s flagging gaming industry has bottomed but shared the government’s view that further declines in reven

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July should not warrant austerity measures says Lionel Leong


The government is prepared to resort to austerity measures if July’s gaming revenue fails to reach MOP18.35 billion, though it will unlikely come to

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Lionel Leong says austerity measures in place if GGR falls too low


Secretary for Economy and Finance Lionel Leong indicated that the government would formulate internal austerity measures if June gaming revenues fell

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