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The 13 Macau Hotel Could Play Pivotal Role in City’s Nongaming Push, New Owner Says

The 13 Macau Hotel Could Play Pivotal Role in City’s Nongaming Push, New Owner Says

Posted on: June 26, 2025, 12:31h. Last updated on: June 26, 2025, 01:02h. The 13 Macau’s new owner plans to refurbish the property to make it more attractive The 13 was envisioned as a playground for billionaires Macau’s gaming downturn and the...

OPINION – Casino gambling in Hong Kong – just a matter of time?

OPINION – Casino gambling in Hong Kong – just a matter of time?

Macau Business magazine l July 2025 António Lobo Vilela is a lawyer based in Macau and the author of the Macau Gaming Law Book (www.macaugaminglaw.com) Governments typically adopt a hybrid public policy approach when legalising gambling, balancing...

EDITORIAL – Not too much to ask

EDITORIAL – Not too much to ask

Macau Business magazine l July 2025 l Editorial The better-than-expected gross gaming revenue (GGR) figure for June – MOP21.06 billion, up 19 per cent year-on-year – offered a welcome reprieve from doubts surrounding the trajectory of Macau’s core...

Macao's composite CPI edges up year-on-year in May

MACAO, June 20 (Xinhua) -- Macao's composite consumer price index rose 0.19 percent year-on-year in May and fell 0.05 percent from April, the Statistics and Census Service (DSEC) of the Macao Special Administrative Region reported on Friday. As...

Nansha-LA shipping route set to open in July with 14-day direct delivery

Nansha-LA shipping route set to open in July with 14-day direct delivery

A premium shipping route from South China to the West Coast of the United States, the first direct point-to-point route of its kind, is expected to open in July, according to the route's operators. The route was jointly announced by Guangzhou Port...

Calls for direct Macau to Portugal flights

Calls for direct Macau to Portugal flights

"We have to transform Macau International Airport, with direct air routes to Europe, particularly to Portugal," said Coutinho, after presenting the political program of the Nova Esperança party to the local parliament. The lawyer said that the...

‘Powerful energy’: Hong Kong Jockey Club gives HK$450 million for National Games

‘Powerful energy’: Hong Kong Jockey Club gives HK$450 million for National Games

The Hong Kong Jockey Club is contributing HK$450 million (US$57.7 million) to the city to support its co-hosting of the 15th National Games in November and two related events, marking the single largest donation for the competitions. Secretary for...

Macau passes bill to regulate tour guides and agencies, effective next Feb

Macau passes bill to regulate tour guides and agencies, effective next Feb

A new bill designed to regulate travel agencies and tour guides is set to take effect in February next year after its second reading was approved by lawmakers on Thursday. The bill aims to bolster oversight, professionalism and improve...

Wynn opens Macau’s first Korean medical center at Wynn Palace

Wynn opens Macau’s first Korean medical center at Wynn Palace

Wynn Macau Ltd has opened what it describes as the first and only Korean medical center located within a resort hotel in Macau at Wynn Palace in Cotai. The Blanc de Vie Medical Centre, a high-end beauty clinic brand from South Korea, launched...

Advertising sector struggles without clear policies

Advertising sector struggles without clear policies

The government’s collection of opinions on amendments to the Advertising Activities Law has revealed the sector’s difficulties, as Keyvin Bi, vice-chairman of the Association of Advertising Agents of Macau, has pointed out that the lack of...

Macau Investment and Development reports MOP103 mln loss for 2024

Macau Investment and Development reports MOP103 mln loss for 2024

Macau Investment and Development Limited (MID), a government-owned enterprise, posted a consolidated loss of MOP103.37 million (US$12.8 million) in 2024, a sharp reversal from a profit of MOP10.94 million in the previous year, according to its...

Macau gaming revenue hits MOP 10bn midway through June

Macau gaming revenue hits MOP 10bn midway through June

Analysts lift full-month forecast to as high as MOP 20.2bn (US$2.5bn). By Gambling Insider Key points: - Mid-June gross gaming revenue estimated at MOP 10bn - VIP win rate remains above average, supporting weekly growth - Investment banks revise...

The 13 Hotel Macau sold for HKD 600 million to local investor - JLL  

The 13 Hotel Macau sold for HKD 600 million to local investor - JLL  

JLL today announced the successful sale of The 13 Hotel at Estrada de Seac Pai Van, Lote 1 do Aterro da Concórdia, Macau to a local investor for HKD 600 million. Mark Wong, Senior Director at JLL in Macau, told The Hotel Conversation, "We are...

Buyer of Macau’s THE 13 Hotel plans extensive renovations, addition of world-renowned restaurants

Buyer of Macau’s THE 13 Hotel plans extensive renovations, addition of world-renowned restaurants

The buyer of Macau’s long embattled THE 13 Hotel has promised to undertake extensive renovations, including the addition of world-renowned restaurants, according to details provided by real estate agent JLL. It also revealed that the purchase...

‘First’ South Korean medical centre in a Macau casino resort opens at Wynn Palace

‘First’ South Korean medical centre in a Macau casino resort opens at Wynn Palace

Macau-based casino operator Wynn Macau Ltd announced on Tuesday the opening at its Wynn Palace property in the Cotai district of what it described as “the first and only Korean medical centre located within a resort hotel in Macau”. The venue...

Macau’s satellite casino closures pose mixed outlook for SJM and local economy: Researcher

Macau’s satellite casino closures pose mixed outlook for SJM and local economy: Researcher

The impending closure of 11 satellite casinos in Macau is poised to reshape the local gaming landscape, delivering both strategic opportunities and operational challenges, especially for SJM Holdings, according to an academic at the University of...

How The Gaming Industry's Financial Performance Impacts Stock Market Valuations

How The Gaming Industry's Financial Performance Impacts Stock Market Valuations

As many financial movements do, they begin not with headlines but with numbers buried in quarterly reports. The gaming industry's performance once considered a niche in both entertainment and investment circles, now plays a defining role in...

Self-developed gas field transforming China's energy outlook

Self-developed gas field transforming China's energy outlook

China's first self-developed ultra-deep-water gas field, Shenhai-1, reached full production on Wednesday, becoming the country's largest offshore gas field by output, according to operator China National Offshore Oil Corp (CNOOC). All 23 subsea...

Macau Police Arrest Suspect for Alleged Chip-For-Cash Exchange

Macau Police Arrest Suspect for Alleged Chip-For-Cash Exchange

A man from mainland China has been arrested by Macau police after being caught allegedly conducting an unauthorized cash-for-casino-chips exchange near a hotel in the city’s NAPE district. Macau Police Arrest Man Over Alleged Illegal Casino Chip...

University of Macau to launch year-end Hengqin campus construction

University of Macau to launch year-end Hengqin campus construction

University of Macau is kicking off the construction of its Hengqin campus at the end of the year, with an initial budget set at MOP1.7 billion (US$210 million). The 2025 budget was revealed at the Legislative Assembly on Wednesday as legislators...

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