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WYNMF Wynn Macau Limited (PK)

0.94
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Wynn Macau Limited (PK) USOTC:WYNMF 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% 0.94 0.866 1.00 0.00 21:01:36

Macau July Gambling Revenue Up 48% On Year At MOP24.21 Billion

01/08/2011 8:42am

Dow Jones News


Wynn Macau (PK) (USOTC:WYNMF)
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Gambling revenue in Macau rose 48% in July from a year earlier, government statistics showed Monday, as visitors from mainland China continued to power growth in the world's largest casino gambling market.

Gambling revenue in the Chinese territory rose to MOP24.21 billion (US$3.0 billion) last month, up from MOP16.31 billion a year earlier, according to data from Macau's Gaming Inspection and Coordination Bureau.

July's revenue was second only to the all-time high of MOP24.31 billion hit in May, which was bolstered by the holiday season and the opening of Galaxy Entertainment Group Ltd.'s new casino resort.

In the January-July period, Macau's gambling revenue rose 45% from a year earlier, following a 58% surge last year. Macau is the only place in China where casino gambling is legal.

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

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