Macau’s six casino operators committed MOP9 billion to the Government Guidance Fund at a signing ceremony on October 23. Combined with fiscal reserves, the fund now holds about MOP20 billion of initial capital.
Macau Golden Week hotel occupancy rose 3.1 points to 91.3%, peaking at 97% on Oct 2, while room rates fell 1.7% to MOP1,677.3. Arrivals reached 1.14 million.
Macau maintains its MOP236 billion GGR forecast for 2026 after four consecutive monthly year-on-year declines. The final quarter needs an average of MOP16.3 billion monthly.
A US House subcommittee held a two-hour hearing on Veterans Day over rising problem gambling among college students. 31% of male students know someone hurt by online wagering losses.
UK gaming industry advocates called for more apprenticeships and a stronger public case for jobs at Better Change. Rising duties could squeeze investment further.
KwaZulu-Natal lawmakers began public hearings on a bill that would raise gaming and betting taxes by over 300%, warning some operators could shut their doors.
Inspire Entertainment's chief casino officer Steve Wolstenholme says well-trained, well-paid staff and AI-driven customer service matter more than ever as MGM Osaka arrives in 2030.