• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 10 September 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
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
No Result
View All Result
IAG
No Result
View All Result

Macau Economic Association tipping economic climate index to reach stable level in Q2

Pierce Chan by Pierce Chan
Wed 15 Feb 2023 at 04:45
Number of Macau gaming workers rises through December 2022
10
SHARES
254
VIEWS
Print Friendly, PDF & Email

The Macau Economic Association has upgraded the Macau economic climate index and believes it will return to a “stable” level in the second quarter.

According to the association, following the full restoration of customs clearance between the mainland, Hong Kong and Macau, the rapid return of visitors to Macau has led to a significant increase in visitor traffic and gross gaming revenue.

“With a number of positive factors, the local economy is showing signs of rapid recovery. After comprehensive analysis and projection, Macau’s economic climate is now out of the doldrums,” it said.

The association added that in January the economic climate index jumped from 2.2 to 3.4 on the “underperforming” scale and will shift to between 3.6 and 3.9 on the scale in the next three months. It is expected to return to the “stable” level in the second quarter.

The association also mentioned that the development of Macau’s gaming industry has entered a new phase, with the six concessionaires honoring their commitment to invest a total of MOP$118.8 billion (US$14.7 billion) over the next 10 years from the bidding process for gaming licenses, which is also a factor in the recovery of the economy.

However, it believes that even if the epidemic gradually subsides, uncertainties and possible risks still exist.

“Geopolitics, escalating conflict between Russia and Ukraine and rising inflationary pressures, and the continuation of the inverted spread between the two-year and 10-year US treasury bond yields are possible risks,” the association said.

RelatedPosts

MGTO now expecting new record daily average for visitor arrivals during current National Day Golden Week holidays

Citi: Macau GGR likely to exceed MOP$1 billion per day during October Golden Week, strong events calendar may provide lengthy tail

Wed 10 Sep 2025 at 14:34
IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

Macau GGR showing signs of seasonal slowdown in September

Mon 8 Sep 2025 at 21:36
Citi: MGM China offering players mini Labubu toys, chance to win a Rolex in latest competitive promotional push

Citi: MGM China offering players mini Labubu toys, chance to win a Rolex in latest competitive promotional push

Mon 8 Sep 2025 at 11:48
MGM Cotai

Bill Hornbuckle: Macau promotional environment now locked in place despite rapid return of VIPs

Fri 5 Sep 2025 at 06:45
Load More
Tags: economyMacauMacau Economic Association
Share4Share1
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 – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

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

Related Posts

MGTO now expecting new record daily average for visitor arrivals during current National Day Golden Week holidays

Citi: Macau GGR likely to exceed MOP$1 billion per day during October Golden Week, strong events calendar may provide lengthy tail

by Ben Blaschke
Wed 10 Sep 2025 at 14:34

Macau’s casino operators are tipped to average daily gaming revenues of MOP$1.05 billion (US$131 million) during the upcoming eight-day October Golden Week holiday, but strength could also be maintained well beyond Golden Week thanks to the city’s impressive events calendar,...

Galaxy Macau named Asia’s Best Integrated Resort at 2025 IAG Academy IR Awards

Galaxy Macau named Asia’s Best Integrated Resort at 2025 IAG Academy IR Awards

by Newsdesk
Wed 10 Sep 2025 at 10:36

Galaxy Macau has defended its title as Best Integrated Resort in Asia at the IAG Academy IR Awards on Tuesday night. The winners of the 23 award categories were announced at a lavish Gala Dinner held in the Manila Ballroom at Manila...

Jeju Shinhwa World rebrands Landing Casino as “LES A Casino”

by Newsdesk
Wed 10 Sep 2025 at 06:26

The former Landing Casino at Korea’s Jeju Shinhwa World has rebranded to “LES A Casino”, according to a company announcement. The property’s parent company, Hong Kong-listed Shin Hwa World Ltd, said it had been pushing for a rebranding since 2022...

Alejandro Tengco recognizes legitimacy of PAGCOR Employees’ Association as impact of Casino Filipino privatization looms

Alejandro Tengco recognizes legitimacy of PAGCOR Employees’ Association as impact of Casino Filipino privatization looms

by Newsdesk
Wed 10 Sep 2025 at 06:18

PAGCOR Chairman and CEO Alejandro H. Tengco has this week met with newly elected officials of the PAGCOR Employees’ Association (PAGCEA), stating that he recognizes the association as the legitimate representative of PAGCOR workers. As such, he added that he...

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

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
  • 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.

  • English