Shares of Las Vegas Sands Corp. (LVS) jumped 6% on Tuesday after the People’s Bank of China announced a significant monetary stimulus package aimed at boosting the country’s slowing economy. The move, which includes cuts to reserve requirements and interest rates, is expected to benefit companies like LVS, which heavily rely on Chinese tourism and consumer spending in Macau.
Results for: Macau
Experience the magic of opera as renowned tenor Plácido Domingo takes the stage at the Galaxy International Convention Center in Macau for the Galaxy Opera Gala. This once-in-a-lifetime event, featuring Domingo alongside the Shenzhen Symphony Orchestra and rising opera stars, promises an unforgettable evening of world-class music and performance.
Tencent Holdings, a leading Chinese tech company, has launched palm recognition payments in Macau via WeChat Pay, becoming the first to offer this technology outside mainland China. The service, initially available at Galaxy Entertainment’s resorts and venues, aims to enhance the payment experience for mainland tourists with convenience and security.
The highly anticipated Melco Style Presents: The Black Pearl Diamond Restaurants Gastronomic Series culminates with an exclusive four-hands collaboration between Alain Ducasse at Morpheus and PHÉNIX from Shanghai, offering a unique fusion of French culinary traditions and modern innovations in a six-course menu. This final chapter of the series, titled “A French Banquet of Pearls & Stars,” promises an unforgettable dining experience for food enthusiasts.
Sands China and Agoda have joined forces to promote Macau as a premier destination for both leisure and business travelers, leveraging its unique cultural heritage and world-class facilities to attract a diverse international audience.
Sam Hou Fai, a candidate for Chief Executive of Macau, has pledged to focus on enhancing the city’s business environment, boosting tourism and leisure industries, and promoting economic diversification. He met with business leaders who emphasized the need for new initiatives to support community economies and foster sustainable growth.
Four members of the Phoenix Suns, including basketball legends Rex Chapman and Cedric Ceballos, enjoyed a luxurious stay at Sands Resorts Macao, exploring the resort’s amenities and engaging in community outreach with young athletes at the Macau Special Olympics.
Macau has upgraded its typhoon signal to No. 8, prompting the Macao Government Tourism Office (MGTO) to advise visitors to stay in safe locations. Public transport will be suspended, and tourist information counters will be closed. The fireworks display and other outdoor events have been postponed.
Galaxy Macau is hosting a grand celebration until October 20 to mark the 75th anniversary of the People’s Republic of China and the 25th anniversary of the Macau Special Administrative Region. Guests can enjoy a wide range of Chinoiserie-inspired activities, art installations, traditional performances, and dining experiences, immersing themselves in traditional Chinese culture.
The Macau International Fireworks Display Contest, scheduled for September 7th, has been postponed due to unpredictable weather conditions. The event organizers prioritize safety and are working with the Macao Meteorological and Geophysical Bureau to determine new dates. Alternative activities are being considered to ensure festival festivities continue.