AGP Executive Report
Last update: 10 hours agoMacau Gaming: Macau’s 20 casinos posted June gross gaming revenue of MOP 18.5 billion, down 12.1% year-on-year and 18.1% month-on-month, with the World Cup blamed for softer betting; still, first-half GGR rose 6.8% to MOP 126.9 billion. Tech & Industry Policy: Chief Executive Sam Hou Fai inaugurated the Macao International Technology Industry Centre as a pilot platform to attract firms in biomedicine, digital tech, integrated circuits and aerospace ahead of the larger science park. Energy Storage Supply Chain: Pace Digitek’s Lineage Power signed a 3 GWh LFP battery cell procurement deal with Guangdong-Hong Kong-Macao Greater Bay Area supplier RJE Tech, aiming to stabilize sourcing for BESS projects. Cross-Border Logistics: Cathay Cargo launched an integrated perishables network, extending Air-Land Fresh Lane to Macao and adding a refrigerated barge link to Dongguan. Retail & Travel Trade: Hennessy’s LVMH-backed Cognac rolled out the “Odyssey of Travel” duty-free campaign, now live across hubs including Macau. Local Economy Signals: May data showed restaurant & similar establishments transaction values up 1.8% year-on-year and retail trade up 14.0%, led by watches/jewellery and cosmetics.
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