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Macau's gaming industry accelerates "localization": 90% of middle and senior management are locals, foreign executives face shrinking opportunities.

Macau's gaming industry accelerates "localization": 90% of middle and senior management are locals, foreign executives face shrinking opportunities.

The Macao Special Administrative Region Government recently announced data showing significant achievements in the "localization" process of senior positions in gaming enterprises, with local employees making up nearly 90% of the management, reflecting Macao's continuous tightening of foreign labor

28like·0commentyesterday
After the high temperatures in gambling, Macau has lowered its gambling tax revenue expectations, and the cold recovery has caused market concerns.

After the high temperatures in gambling, Macau has lowered its gambling tax revenue expectations, and the cold recovery has caused market concerns.

The Macau SAR Government recently lowered its 2025 gaming tax revenue forecast, reducing the "Special Gaming Tax" from the originally predicted 84 billion Macau patacas to 79.8 billion Macau patacas, a cut of about 5%. This adjustment has been included in the 2025 fiscal budget amendment bill that i

27like·0commentThe day before yesterday
Can it be copied? How did Macau become the gambling capital of the world?
Video07:33

Can it be copied? How did Macau become the gambling capital of the world?

31like·0commentA week ago
Gambling City Restructuring: The Transformation Game of Macau's Six Casino Giants

Gambling City Restructuring: The Transformation Game of Macau's Six Casino Giants

Since the legalization of gambling in Macau in 1847, this city on the southern coast has evolved from local gambling houses to a monopoly franchise, and then to the influx of international capital. The newly revised "Gaming Law" of 2022 sets a limit of six gaming licenses, abolishes the sub-license

35like·0comment06-24
The Evolution of Macau's Gaming Industry: From "Intermediary Model" to "Integrated Resort Model"

The Evolution of Macau's Gaming Industry: From "Intermediary Model" to "Integrated Resort Model"

Preface: Unveiling the Hidden Engine of a CityMacau, a tiny speck of land on the coast of the South China Sea, has created the most astonishing gambling revenue records in the world. It is not only a pilgrimage site for Asian gamblers but also a profit engine built on probabilities, psychology, and

19like·0comment06-24
The Hidden Concerns Behind the Prosperity of the Philippine Gaming Industry: A Study on the Development Trends of the Philippine Gaming Industry

The Hidden Concerns Behind the Prosperity of the Philippine Gaming Industry: A Study on the Development Trends of the Philippine Gaming Industry

This article combines the article by Fu Jun, the president of the Macau International Design Federation. Although the article was written in 2023 and does not supplement the latest information, it has considerable value for understanding the overview of the Philippine gaming industry to a certain ex

23like·0comment05-15
Macau's gaming industry welcomes its first female leader! Wu Huixian takes over as the director of the Gaming Inspection and Coordination Bureau.

Macau's gaming industry welcomes its first female leader! Wu Huixian takes over as the director of the Gaming Inspection and Coordination Bureau.

Macau's gambling industry welcomes a historic moment. The Macau Special Administrative Region Government Gazette announced that the former Director of the Administrative Public Positions Bureau, Wu Huixian, has officially taken office as the Director of the Gaming Inspection and Coordination Bureau

24like·0comment05-14
Thailand's casino legislation accelerates, Macau's gambling industry faces further regional competition pressure.

Thailand's casino legislation accelerates, Macau's gambling industry faces further regional competition pressure.

The latest developments in Thailand's push for the legalization of casinos have attracted widespread attention within the Macau industry. Some experts warn that if Thailand successfully establishes an Integrated Resort (IR), it could pose a substantial challenge to Macau's leadership in the Asian ga

28like·0comment05-14
Macau Gaming Industry Outlook Alert: JPMorgan Lowers Growth Forecast for 2025-2026

Macau Gaming Industry Outlook Alert: JPMorgan Lowers Growth Forecast for 2025-2026

J.P. Morgan's latest report issues a warning for Macau's gaming industry, suggesting that the market's growth expectations for 2025-2026 are overly optimistic and urgently need to readjust their forecast models. The investment bank pointed out in its industry analysis report released on Tuesday that

33like·0comment04-17
Tariff War Affects the Gambling Industry? American Casino Giants May Be Forced to Exit the Macau Market

Tariff War Affects the Gambling Industry? American Casino Giants May Be Forced to Exit the Macau Market

Escalation of Sino-US Rivalry, Macau's Gambling Industry May Become a New BattlefieldThe Sino-US trade friction continues to escalate, with confrontations in tariffs, technology, and finance becoming increasingly intense. Recent news indicates that Beijing might adopt stricter countermeasures, inclu

29like·0comment04-17
Macao's Transformation Underway! From the Capital of Casinos to a New Exploration of Diverse Development!
Video05:50

Macao's Transformation Underway! From the Capital of Casinos to a New Exploration of Diverse Development!

0like·0comment2024-10-29
How to break the Red Ocean competition deadlock between Vietnamese and Macau gambling, and the online breakthrough leader will pioneer the new era of Asian gambling!

How to break the Red Ocean competition deadlock between Vietnamese and Macau gambling, and the online breakthrough leader will pioneer the new era of Asian gambling!

IntroductionAll data in this article comes from the research report "The Development of Casino Gambling in Vietnam and Its Impact on Macau" by Professors JI Chunli and HUANG Guihai from the Macau Polytechnic Institute and Research Center.PASA attempts to interpret the content of this report to bring

0like·0comment2024-10-11
From Prosperity to Depression: The 90% Plunge in Macau Casino Stocks Is Just a Snapshot of the Industry, Where Is the Way Forward for Offline Casinos?

From Prosperity to Depression: The 90% Plunge in Macau Casino Stocks Is Just a Snapshot of the Industry, Where Is the Way Forward for Offline Casinos?

SJM Holdings is the oldest casino company in Macau.Its status in the Macau gambling industry is akin to that of SBM's Monte Carlo Casino in Monaco, dominating the regional market; their performance essentially represents the rise and fall of the local gambling industry.Since its stock price peaked i

3like·1comment2024-09-29

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