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MACAU GAMBLING REVENUE ON THE UP YEAR ON YEAR
Posted 2/1/11 : Analysts predict 29 percent full year growth for Macau over 2011
The Macau Gaming Inspection and Coordination Bureau recorded revenue of 18.57 billion Patacas (US$2.31 billion) for the month of January 2011. The figure indicates a 33 percent rise in revenue compared to January 2010.
The Chinese New Year is cited as the reason behind January 2011's revenue being slightly behind that of October and December 2010 when record revenues were reported.
Gabriel Chan, Analyst, Credit Suisse Hong Kong said: "33 percent growth is quite decent indeed, I am still confident with my full-year 29 percent growth outlook."
In related news, despite the uncertainty surrounding Macau gambling mogul Stanley Ho's dispute over control of his casino empire, Ho's company SJM Holdings Ltd still holds over thirty percent of the Macau market in revenue terms and remains the largest operator in the market, reports Dow Jones.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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