Macau's gaming revenue dropped 12.1% year-on-year in June to MOP$18.5 billion as the region grapples with economic headwinds and international tensions. Xi Jinping emphasized the importance of long-term prosperity and stability in Hong Kong and Macau, while mainland China adjusted settlement criteria for the territories and a US delegation boycotted an Apec meeting over visa disputes.
·Casino gross gaming revenue fell to MOP$18.5 billion in June, with operators citing competition from the FIFA World Cup
·Mainland China revised criteria for settling in Hong Kong and Macau as part of broader policy adjustments
·Xi Jinping stressed long-term prosperity and stability are essential for the territories
·US delegation skipped Apec meeting in Macau over China visa requirement disagreements
·Macau tech summit revealed insights into China's artificial intelligence investment strategy
drawn from South China Morning Post, IAG – Inside Asian Gaming, UFC.com, news.cgtn.com · updated 16h ago