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AGP Executive Report

Last update: 8 hours ago

Macau Gaming: Macau’s casinos posted June gross gaming revenue of MOP18.52 billion, down 12.1% year-on-year and 18.1% month-on-month, with analysts pointing to the FIFA World Cup pulling discretionary spend away from the city. Tourism & Culture: The 3rd Macao International Children’s Arts Festival opens July 3 with “Erth’s Dinosaur Zoo,” a Giant Puppetry x Science show at the Macao Cultural Centre. Urban Renewal Policy: The government is exploring land premium adjustments and possible tax incentives to make urban renewal more financially workable, while lawmakers push for easing ownership and condo repair procedures. Real Estate: Centaline reports weaker first-half activity in Macau’s housing market, with fewer transactions and tighter credit, and notes leasing performance is uneven, with tourist areas stronger. Tech & Industry Building: Macau inaugurated the Macao International Science and Technology Industry Centre as a pilot platform to help form a tech cluster ahead of the planned science and technology park. Biopharma Deal: Junshi Biosciences signed a licensing collaboration with Fosun Wanbang for roconkibart (anti-IL-17A) across Greater China, including Macau. Hospitality Business: MGM China agreed to buy full ownership of its mainland hotel management arm for $20m, aiming to expand beyond Macau. Insurance Appointments: Manulife named Lilian Ng as an independent non-executive director and appointed new marketing chiefs for Hong Kong and Macau.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 27, 2026

Li Auto opens first Macao retail center

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Jun. 9, 2026

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Casino management system market seen reaching $28.85 billion by 2035

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Jun. 23, 2026

CHINAPLAS 2026 draws record 350,189 visitors in Shanghai

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‘Erth’s Dinosaur Zoo’ to open Macau Int’l Children’s Arts Festival

‘Erth’s Dinosaur Zoo’ to open Macau Int’l Children’s Arts Festival

Macau casino takings drop 12.1 pct to 18.5 billion patacas in June

Macau casino takings drop 12.1 pct to 18.5 billion patacas in June


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9 hours ago

IPIM Signs Agreement with STTE to Co-establish Three "Centres" to Boost High-Tech Industry Development

Macao Government News

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10 hours ago

15th Food Safety Week to jointly safeguard Macao’s food safety successfully concluded

Macao Government News

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Jul. 1, 2026

"Digiloong Cup" Global AI Innovation Competition Draws Around 120 Institutional Representatives Driving Collaborative Development in the Artificial Intelligence and Digital Entertainment Industry Chains

Macao Government News

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Jun. 29, 2026

“MACAO 2026”Youth Day : Lectures and workshops pass the torch of philatelic culture

Macao Government News

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Jun. 30, 2026

Seventeen Representatives from Major Industries Appointed as “Macao Investment Promotion Ambassadors” “Attracting Investment through Businesses” Enhances High-quality Investment Promotion

Macao Government News

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Jun. 28, 2026

“MACAO 2026”Art Day: Release of New "Macao Street Art" Philatelic Products

Macao Government News

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