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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)
DateTimeHeadline
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)
12/19/201607:29:01Report of Foreign Issuer (6-k)
12/19/201606:09:34Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
12/15/201619:11:00Crown to Sell $1.18 Billion Stake in Macau Casino Operator...
12/15/201606:29:40Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
12/15/201606:08:03Report of Foreign Issuer (6-k)
12/15/201606:03:57Report of Foreign Issuer (6-k)
12/15/201605:28:39Melco Crown Entertainment Celebrates 10th Anniversary of NASDAQ...
12/15/201603:20:43Melco Crown Entertainment Announces Launch of Offer of Ordinary...
12/14/201618:29:01Melco Assumes Majority Ownership in Melco Crown Entertainment
12/14/201618:16:30Melco Crown Entertainment Announces Melco’s Agreement to Acquire S...
12/14/201617:28:26Automatic Shelf Registration Statement of Securities of Well-known...
12/14/201617:15:05Report of Foreign Issuer (6-k)
12/14/201616:58:25Report of Foreign Issuer (6-k)
12/14/201610:00:00Melco Crown Entertainment Limited (Nasdaq: MPEL) to Ring The...

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