Macau March casino revenue gains 48%
Gambling revenue for SJM Holdings, Sands China and the four other casino operators in the former Portuguese colony jumped to 20.1 billion patacas (US$ 2.51 billion) from 13.6 billion patacas (US$ 1.66 billion) a year earlier, according to data from the city’s Gaming Inspection and Coordination Bureau.
Macau’s visitor arrivals rose 5 % to 2.1 million in February, with more than half coming from China, according to the city’s tourism agency.
Gambling revenue for the Chinese city’s six casinos reached 58.5 billion patacas (US$ 7.17 billion) in the first three months of 2011, 43 % higher than a year earlier, the bureau said.
Billionaire Stanley Ho’s SJM rose 1 % to HK $13.76 (US$ 1.76) in Hong Kong trading. Sands China, the Hong Kong-listed unit of billionaire Sheldon Adelson’s Las Vegas- based company, fell 0.1 % to HK$17.38 (US$ 2.23).
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