No Data
No Data
Last year, the number of passengers taking the wealth shuttle in Macau increased by 47% year-on-year, with the frequency of departures rising by 38%.
The Macau Transportation Bureau announced that last year there were a total of 65 shuttle bus routes (commonly known as "Fortune Bus") for hotels and casinos in Macau, an increase from 59 routes in 2023. The total number of passenger rides was recorded at 52.9798 million, an approximately 47.3% year-on-year increase; the number of departures was recorded at 3.0737 million, an approximately 38.1% year-on-year increase. SUCCESSUNIVERSE (00487.HK) Vice Chairman Ma Haowen stated in an interview with the media at the beginning of the year that there is a high demand from mainland and Hong Kong travelers for hotel shuttle buses, and plans will be strengthened for route arrangements and increased frequency to facilitate tourists' travel. He also expressed disagreement with the shuttle bus services provided by hotels.
Citi maintains its prediction for Macau's gaming revenue at 19.5 billion patacas for March.
Citigroup released a research report stating that, according to Industry data, Macau's gaming revenue for the first 16 days of March may reach about 10.1 billion Macau patacas, which means that the average daily gaming revenue for the week of March 10 to 16 was approximately 0.621 billion Macau patacas, a decrease from 0.639 billion Macau patacas in the first nine days of March. Citigroup pointed out that since the average daily gaming revenue is roughly the same as last year's data, it believes that last week's gaming performance is normal. The bank continues to expect the total gaming revenue for March to be 19.5 billion Macau patacas, meaning that the average daily gaming revenue for the remainder of the month would be approximately 0.629 billion Macau patacas.
Macau Legend Development Schedules Board Meeting for Annual Results
MACAU LEGEND (01680.HK) plans to hold a Board of Directors meeting on March 28 to approve the annual performance.
Globe News, March 17丨MACAU LEGEND (01680.HK) announced that the company will hold a Board of Directors meeting on March 28, 2025 (Friday), with an agenda that includes considering and approving the consolidated full-year performance announcement of the company and its subsidiaries for the year ending December 31, 2024, and approving the publication of that announcement, as well as considering the proposal for the distribution of the final dividend (if any).
MACAU LEGEND: DATE OF BOARD MEETING
At the end of the fourth quarter last year, the number of full-time employees in the Macau gaming industry increased by 2.3% year-on-year, and the average salary in December rose by over 6%.
The Macao Statistics and Census Service announced that at the end of the fourth quarter last year, there were a total of 52,971 full-time employees in the Macao gaming industry, an increase of 2.3% year-on-year. Among them, there were 23,618 dealers, an increase of 1.1% year-on-year. In terms of salary, the average salary of full-time employees in the gaming industry in December last year was 26,890 patacas, up 6.3% year-on-year. Among them, the average salary of dealers was 21,470 patacas, an increase of 2.9% year-on-year, mainly due to salary adjustments and an increase in working hours. Regarding job vacancies, at the end of the fourth quarter last year, there were 253 job vacancies in the gaming industry, a decrease of 147 year-on-year. Among them,