MOP 6.00
Booming Galaxy Galaxy Entertainment is on top form.
Yesterday, it reported record half-year revenues and net profit. Shareholders will get a second dividend this year. The gaming operator is not resting on its laurels. The Grand Waldo Complex is now under “extensive renovation” and slated to re-open in early 2015. Kicking off a new wave of casinos in Cotai
Number 608 Wednesday August 20, 2014
Publisher: Paulo A. Azevedo
Closing editor: Luís Gonçalves
No civil referendum in public spaces PAGE 4 | 4G proposals revealed this year PAGE 3
Year III
PAGE 5
www.macaubusinessdaily.com
Shopaholic Central It’s all about shopping. Half of the territory’s visitors say they’re here for the clothing, local products and food. In the second quarter, tourists spent 9 percent more than a year ago. The Japanese are the big spenders
PAGE
CTM now has competition. Another fixed-line supplier expects to start offering Smart TV services in December. Yesterday, MTEL signed a threeyear contract with Australian SONIQ as sole equipment provider PAGE
3
Name
%Day 7.57
Galaxy Entertainme
3.43
Lenovo Group Ltd
2.74
China Resources Po
2.48
Hong Kong & China
2.18
From fish to rolling chips
Tingyi Cayman Islan
-0.66
CITIC Pacific Ltd
-0.96
Hengan Internation
-1.00
COSCO Pacific Ltd
-1.19
Kunlun Energy Co Lt
-2.44
Tsukiji is the world’s biggest fish market. The Tokyo landmark is huge. And on MGM Resorts’ radar as a potential site for a casino base in Japan. CEO James Murren visited the location last March. Just one of the options, claims his company
Source: Bloomberg
I SSN 2226-8294
PAGE 7
The heavens opened up yesterday. Despite the heavy rain, more than 1,000 SJM workers hit the streets. As promised, they were protesting – once more - for better working conditions, wages and bonus as management had not come to the table. The operator said it offers one of the best deals in the gaming industry. Not good enough, say the protest organisers. A major demonstration targeting the Big Six is scheduled for Monday afternoon
Smart TV on the way
August 19
China Resources Lan
PAGE 6
Gaming protests set to escalate
HSI - Movers
2
OTC market maker Beijing’s over-the-counter market is going to implement a market-making system. The proposed brokerage will solve a liquidity problem that has been curbing OTC development. So goes the theory Page 9
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