The Macau Metro Monitor, September 20th 2010
STAR APPOINTMENT FOR GALAXY MACAU Asian Gaming Intelligence
Peter Johns, who was the the Director of Slot Operations at MGM Macau, will start his new job, Vice President of Electronic Gaming at Galaxy Macau, at the end of next week. AGI believes a possible delay in the opening of Galaxy Macau will mean less risk of MGM Macau losing its VIP slot players.
Nathan Carle, Slot Operations Manager at MGM Macau, will replace Mr. Johns.
SANDS CHINA 'ENCOURAGED' BY NEW CEO CANDIDATES Macau Daily Times
Acting CEO Leven says Sands has enough qualified candidates to hire a new CEO by the end of 2010. The new CEO must have worked in Asia and is "culturally sensitive." Meanwhile, local lawyer Leonel Alves has been rehired as a legal advisor by Sands China.
MICE INDUSTRY STILL FACING OBSTACLES: GOVERNMENT macaubusiness.com
The Secretary for Economy and Finance, Francis Tam Pak Yuen, says that the local MICE industry “seems to be on a rise, but there are still problems and obstacles standing in the way of further development.”
Mr Tam stressed that, “in recent years, the government of Macau has been vigorously promoting the MICE industry and other service sectors so as to moderately diversify the economic structure of the economy of Macau.”
“Together with the completion of better hardware, including spacious convention halls, starred hotels and luxury resorts, Macau’s strategic geographical location and tourism resources have made the territory increasingly appealing to organizers of MICE events,” stressed Mr Tam
MACAU'S PUBLIC REVENUE UP BY 43% macaubusiness.com
The increment was attributable to notable increases in direct taxes from gaming and other current revenue, up by 63.9 percent and 50.9 percent respectively, that was contributed by increasing gross gaming revenue.
Direct taxes from gaming totalled MOP40.91 billion.