Macau Business - March 2025

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TALE OF TWO CITIES - The retail divide is widening, with rents remaining unaffordable for many businesses facing closure across the city amid weak demand, while most shops in prime tourist spots continue to thrive | GAINING MARKET - The big six gaming operators had a strong year. Sands retains market share leadership, with Galaxy closing the gap and MGM well above pre-pandemic levels. Industry growth is set to slow to single-digit rates in 2025 | BLAST FROM THE PAST - The iconic floating Macau Palace Casino is set to return to the inner harbour under SJM's revitalisation project, reclaiming its former glory - not as a gambling venue, but as a restaurant and museum | US TRADE WAR - Guangdong manufacturing heartland braces for impact, enhances resilience | [Special Report] WATER: The quintessential asset