International edition
June 14, 2021

Macau's top gambling regulator roughly doubled the forecast

Sands China expects jump in Macau gaming revenue

(Macau).- Sands China said Macau's government forecast that 2010 gambling revenue will surge 30% should prove accurate, but the market in general will be flat in the second half of this year. Wynn Macau said the 30% forecast may wind up to be too conservative.

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acau's top gambling regulator roughly doubled the forecast for the former Portuguese colony's 2010 gambling revenue growth to 30% after posting a string of monthly records, according to Reuters.

Separately, Sands China said it has ample capital to complete a new Macau resort in the third quarter of 2011. The company has a us$ 1.75 billion loan and us$ 500 million from its Hong Kong share listing.

The complex on Macau’s Cotai Strip will have 6,000 rooms, two casinos and will be bigger than the Venetian Macau, Bloomberg News reported.

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