Archive

_2015-08-31
The Macau government announced that it will implement austerity measures following official data revealing gaming revenues declined 35.5 percent year

_2015-08-04
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

_2015-07-25
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

_2015-07-23
Melco Crown CEO Lawrence Ho believes Macau’s flagging gaming industry has bottomed but shared the government’s view that further declines in reven

_2015-07-02
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

_2015-06-18
Secretary for Economy and Finance Lionel Leong indicated that the government would formulate internal austerity measures if June gaming revenues fell