• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 1 December 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Macau Chief Executive reiterates need for non-gaming investment during tour of Cotai IRs

Pierce Chan by Pierce Chan
Thu 26 Jan 2023 at 07:01
Macau Chief Executive reiterates need for non-gaming investment during tour of Cotai IRs
26
SHARES
639
VIEWS
Print Friendly, PDF & Email

Macau Chief Executive Ho Iat Seng reiterated the importance of developing more non-gaming infrastructure, citing strong hotel occupancy rates during the current Lunar New Year holiday during a visit to the city’s six concessionaires.

Accompanied by the Secretary for Economy and Finance Li Wei Nong and other officials on Wednesday, Ho visited MGM COTAI, City of Dreams, Wynn Palace, Grand Lisboa Macau, The Venetian Macao and Galaxy Macau successively where operators confirmed they were running at 100% hotel occupancy.

In response, Ho said, “Continuing to strengthen non-gaming projects is very important to Macau. As long as there are enough tourists in Macau, these non-gaming projects will definitely be very popular and will help attract more tourists.

“The six concessinaires need to earnestly fulfill their investment commitments in accordance with the new gaming concession contract. They must also assist the overall development of the Macau Special Administrative Region and fulfill their social responsibilities, especially ensuring the employment of local employees.”

A representative of one of the concessionaires explained that operators still faced challenges such as a shortage of manpower since reopening, although the morale of staff is generally very high.

Visitor arrival numbers to Macau have increased significantly since 8 January, with 244,644 arrivals over the first four days of Golden Week – more than double the number of arrivals through the entire seven days of last year’s Lunar New Year holiday. This included more than 90,000 arrivals on Tuesday,  the highest single day tally in three years.

RelatedPosts

Macau satellite casino Ponte 16 officially closes with hundreds of locals gathering to witness the event

Macau satellite casino Ponte 16 officially closes with hundreds of locals gathering to witness the event

Sun 30 Nov 2025 at 16:57
Macau’s hotel occupancy rate reaches 89% in July

Macau hotel occupancy rate rises to 89.3% in October

Sun 30 Nov 2025 at 15:52
10 Years Ago – Buying the house

10 Years Ago – Buying the house

Thu 27 Nov 2025 at 15:30
Galaxy unveils strategic cooperation agreement with TME Live to bring world-class events to Galaxy Arena

Citigroup: Concert-hosting concessionaires to enjoy above-industry EBITDA growth in the long run

Thu 27 Nov 2025 at 12:18
Load More
Tags: Chief ExecutiveHo Iat-senginvestmentMacaunon-gaming
Share10Share2
Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

Current Issue

Editorial – Cause and effect

Editorial – Cause and effect

by Ben Blaschke
Fri 28 Nov 2025 at 00:40

Since news broke recently of a sports betting scandal involving certain NBA players and coaching staff sharing inside information with...

Lap of luxury

Lap of luxury

by Ben Blaschke
Fri 28 Nov 2025 at 00:23

Set to open its first phase in February, the eco-luxury golf and lifestyle estate Hann Reserve not only promises to...

Staying connected

Staying connected

by Ben Blaschke
Fri 28 Nov 2025 at 00:09

With a senate hearing into the Philippines’ booming eGames, or domestic online gaming, industry already proving successful in having stricter...

Party at the Palace

Party at the Palace

by Ben Blaschke
Thu 27 Nov 2025 at 18:47

A who’s who of the Asian gaming industry gathered at SJM’s Grand Lisboa Palace Resort Macau on 7 November as...

Evolution Asia
Dolby banner
Aristocrat banner
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR

Related Posts

Death by a thousand cuts

Kazakhstan couple arrested for using phone and earpieces to cheat Crown Sydney casino out of almost AU$1.2 million

by Newsdesk
Sun 30 Nov 2025 at 19:14

New South Wales police have arrested and charged a couple from Kazakhstan for allegedly fraudulently winning over AU$1 million at Crown Sydney. The couple, who travelled to Sydney from Kazakhstan in October 2025, made multiple visits to the casino at...

Macau satellite casino Ponte 16 officially closes with hundreds of locals gathering to witness the event

Macau satellite casino Ponte 16 officially closes with hundreds of locals gathering to witness the event

by Pierce Chan
Sun 30 Nov 2025 at 16:57

After operating for over 17 years, the Ponte 16 casino – a satellite casino on the Macau Peninsula – finally shut its doors on Friday following the withdrawal of an acquisition plan by SJM Holdings. SJM announced on 16 November...

Macau’s hotel occupancy rate reaches 89% in July

Macau hotel occupancy rate rises to 89.3% in October

by Newsdesk
Sun 30 Nov 2025 at 15:52

Macau’s hotels recorded an average occupancy rate of 89.3% in October, representing a 0.9 percentage point increase from October 2024 according to information from the Statistics and Census Service (DSEC). This included a 1.8 percentage point increase in 5-star hotels...

Online gaming live in the UAE as lottery licensee Momentum launches online casino, sportsbook platforms

Online gaming live in the UAE as lottery licensee Momentum launches online casino, sportsbook platforms

by Ben Blaschke
Sun 30 Nov 2025 at 06:43

The UAE’s only licensed lottery is reported to have launched two online betting platforms offering both online casino and sports betting to customers. According to local media outlet Arabian Gulf Business Insights, the platforms – named TrueWin and Dream Island...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English