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Macau September Gambling Revenue Up 40% On Year At MOP15.3 Billion

HONG KONG -(Dow Jones)- Macau's September gambling revenue rose 40% from a year earlier, in line with August's 40% rise but slowing from the higher growth rates of the first half, due to a higher comparison base effect that is expected to trim growth rates during the remainder of the year. September revenue totaled MOP15.3 billion (US$1.9 billion), down slightly from August's MOP15.8 billion but still up from MOP10.9 billion a year earlier, according to data from Macau's Gaming Inspection and Coordination Bureau. CLSA analysts Huei Suen Ng and Aaron Fischer have said they expect gambling revenue in the Chinese territory to grow 34% in the second half from a year earlier, slowing from the first half's 67% rise. September's revenue was the fourth highest so far this year. The record was in May, when revenue hit MOP17.1 billion. Gambling revenue in the January-September period rose 60% from a year earlier. -By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002; [email protected]

Stock News for Melco Crown Entertainment Limited (MPEL)
03/15/201710:55:59Schedule 13g
02/22/201708:05:52Melco Crown Entertainment Leads Macau Entries in 2017 Forbes...
02/22/201703:18:58Melco Crown Entertainment Unveiled the Inspiration Behind the...
02/21/201710:38:55City of Dreams’ Jade Dragon and The Tasting Room The Only Two M...
02/17/201706:19:58Report of Foreign Issuer (6-k)
02/16/201708:07:27Melco Crown Entertainment Announces Unaudited Results for the...
02/16/201708:03:10Report of Foreign Issuer (6-k)
02/15/201723:07:57Melco Completes Acquisition of Majority Stake in Melco Crown...
02/14/201707:34:59Melco Crown Entertainment Announces Earnings Release Date
02/14/201707:03:59Report of Foreign Issuer (6-k)
02/14/201706:52:36Report of Foreign Issuer (6-k)
02/07/201710:42:40Statement of Ownership (sc 13g)
02/06/201717:12:56Statement of Beneficial Ownership (sc 13d)
02/03/201706:10:37Statement of Ownership (sc 13g)
01/12/201708:12:25Melco Crown Entertainment Limited Announces Appointment of New...
01/12/201707:58:52Report of Foreign Issuer (6-k)
01/12/201707:17:25Melco Crown Entertainment Limited Announces Declaration and Payment...
01/12/201707:06:25Report of Foreign Issuer (6-k)
01/06/201707:10:32Melco Crown Entertainment Announces New Appointments to Leadership...
12/20/201616:09:44Report of Foreign Issuer (6-k)

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