he firm owns Macau Fisherman's Wharf, Landmark Macau and Pharaoh's Palace Casino. CLSA is working alone on the deal, IFR said.
Macau, the world's largest casino market, raked in us$38 billion gambling revenue in 2012 after monthly revenues for December hit a record, a signal of sustained strength in the only place in China where visitors are able to gamble legally in casinos.
December's revenue growth of 19.6 %, which came in ahead of a forecast for 16-18 %, was boosted by stronger visitor numbers during the holiday season. The monthly figure of us$3.54 billion was the strongest ever, according to data from Macau released this week.