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Macau November Gambling Revenue Up 33% On Year At MOP23.06 Billion

HONG KONG -(Dow Jones)- Gambling revenue in Macau rose 33% in November from a year earlier, government statistics showed Thursday, as visitors from mainland China continued to drive growth. Macau, the only place in China where casino gambling is legal, has seen gambling revenue soar since the end of 2009 as players keep placing bets regardless of China's tightening measures and local government policies aimed at slowing growth to a more measured pace. Gambling revenue in the Chinese territory rose to MOP23.06 billion (US$2.88 billion) last month, up from MOP17.35 billion a year earlier, according to data from Macau's Gaming Inspection and Coordination Bureau. The haul was 14% lower from October's record MOP26.85 billion, which was boosted by China's golden week holidays. The Hong Kong-listed shares of Macau's casino operators were trading between 5.5% and 10.2% higher, with Galaxy Entertainment Group Ltd. (0027.HK) leading the way rising to HK$15.82 at 0658GMT. The benchmark Hang Seng Index was up 5.4%. -By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002; kathryn.okeeffe@dowjones.com

Stock News for Melco Crown Entertainment Limited (MPEL)
DateTimeHeadline
04/02/201304:19:07Macau Gambling Revenue up 25% on Year in March to Record MOP31.34...
03/01/201301:50:10Macau Gambling Revenue Up 12% on Year in February
02/19/201304:32:36ASIA MARKETS: Shanghai, Hong Kong Stocks Slide; Yen Weighs Tokyo
02/19/201301:55:08ASIA MARKETS: China, Japan Stocks Fall As Rest Of Asia Wavers
02/01/201301:39:14Macau January Gambling Revenue Up 7.3%, Missing Forecasts
01/14/201316:54:16ADR Shares Close Mixed Ahead Of Bernanke Speech
01/02/201300:38:10Macau December Gambling Revenue up 20% on Year to Record MOP28.25...
12/03/201205:44:46Macau November Gambling Revenue Up 7.9% On Year At MOP24.88 Billion
11/01/201202:54:11Macau Gambling Revenue Sets Record at MOP27.70 Billion in October
10/04/201204:09:14Macau September Gambling Revenue Up 12% On Year At MOP23.87 Billion
09/03/201204:39:05Macau August Gambling Revenue Rises 5.5% on Year to MOP26.14...
08/20/201217:09:11ADR Report: Shares End Lower; Bank Stocks Fall
08/08/201217:48:15ADR REPORT: Shares Edge Lower as Spain, Italy Debt Costs Rise
08/01/201202:34:10Macau July Gambling Revenue Rises 1.5% on Year to MOP24.58 Billion
07/02/201209:44:00Macau June Gambling Revenue Up 12%, Slightly Missing Expectations
06/27/201201:14:33Melco Crown Set to Partner in Manila Casino With Belle Corp...
06/26/201217:48:31ADR Report: Shares End Higher After Encouraging US Housing Report
06/01/201204:40:48Macau May Gambling Revenue Up 7% On Year To MOP26.08 Billion
05/02/201203:19:47Macau April Gambling Revenue Up 22% On Year At MOP25.00 Billion
04/02/201204:13:11Macau March Gambling Revenue Up 24% On Year At MOP24.99 Billion

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