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SJMHF SJM Holdings Ltd (PK)

0.2951
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
SJM Holdings Ltd (PK) USOTC:SJMHF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.2951 0.2765 0.3466 0.00 21:04:04

Macau June Gambling Revenue Up 52% On Year At MOP20.79 Billion

01/07/2011 9:29am

Dow Jones News


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Gambling revenue in Macau rose 52% in June from a year earlier, government statistics issued Friday show, as visitors from mainland China continued to fuel strong growth in the only place in China where casino gambling is legal.

Gambling revenue in the Chinese territory rose to MOP20.79 billion (US$2.59 billion) last month, up from MOP13.64 billion a year earlier, according to data from Macau's Gaming Inspection and Coordination Bureau.

June's year-on-year growth rate is the highest so far this year, but the total revenue recorded fell short of the all-time high of MOP24.31 billion hit just the month before in May, which was bolstered by the holiday season and the strong opening of Galaxy Entertainment Group Ltd.'s (0027.HK) new casino resort.

In the January-June period, Macau's gambling revenue has risen 45% from a year earlier, following a 58% surge for the whole of last year.

-By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002; kathryn.okeeffe@dowjones.com

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