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Macau heats up again

by Newsdesk

Tue 8 Dec 2009 at 16:00

1

SHARES

25

VIEWS

Macau casino revenue jumped 59 percent to 12 billion patacas (USD1.55 billion) in November from the equivalent period a year earlier, according to analyst reports citing Portuguese news agency Lusa.

It led to a jump in share prices for Macau casino companies listed in Hong Kong, ranging from 3.9 percent for Melco International Development, a joint venture partner with Australia’s Crown Ltd, to 7.3 percent for Wynn Macau.
Sands China saw a 5 percent hike, while SJM, Dr Stanley Ho’s casino operations company, advanced by 5.1 percent, reaching a three-week high of HKD4.35 on the news. Galaxy Entertainment Group rose 5.9 percent.

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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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