ADVFN - Advanced Financial Network.
HOME» NYSE » M » MGM Stock Price » MGM Stock News

M G M Mirage Share News

 Mgm Mirage Stock Price
MGM Stock Price
 Mgm Mirage Stock Chart
MGM Stock Chart
 Mgm Mirage Stock News
MGM Stock News
 Mgm Mirage Company Information
MGM Company Information
 Mgm Mirage Stock Trades
MGM Stock Trades

Macau Sept Gambling Revenue Rises 39% On Year To MOP21.24 Billion

HONG KONG -(Dow Jones)- Gambling revenue in Macau rose 39% in September from a year earlier, government statistics showed Tuesday, as high rollers from mainland China continued to fuel growth despite heightening investor fears that China's tightening measures will slash business. Gambling revenue in the Chinese territory rose to MOP21.24 billion (US$2.65 billion) last month, up from MOP15.30 billion a year earlier, according to data from Macau's Gaming Inspection and Coordination Bureau. Analysts said the figure would have been even higher had it not been for a typhoon that hit the area Thursday. The solid growth comes despite sharp declines in global financial markets sparked by Standard & Poor's downgrade of U.S. sovereign debt in early August. Hong Kong's benchmark Hang Seng Index tumbled 14% in the month of September, and shares of Macau casino operators have plummeted in recent trade with the territory's largest operator by revenue, SJM Holdings Ltd. (0880.HK), dropping 26% Monday alone. Macau overtook the Las Vegas Strip as the world's biggest gambling market in 2006 and is poised to rake in over five times the Strip's gambling revenue this year, with analysts and casino executives saying it is business as usual in the booming territory. In the January-September period, Macau's gambling revenue rose 46% from a year earlier, adding to a 58% surge in 2010. -By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002; kathryn.okeeffe@dowjones.com

Stock News for M G M Mirage (MGM)
DateTimeHeadline
08/14/201412:21:31China Cracks Down on Money Leaking Out of Its Borders -- The...
08/05/201409:44:37U.S. Hot Stocks: Hot Stocks to Watch
05/28/201404:20:36Waddell & Reed Sells Out of Sands China
05/28/201403:45:37Waddell & Reed Sells Out of Sands China -- Update
03/19/201412:21:00Galaxy to Build China Resort Near Macau--Update
02/19/201409:51:22U.S. Stocks: Hot Stocks to Watch
11/15/201309:18:03OZ Management LP 3Q 13F: Largest Purchases -2-
11/15/201309:18:02OZ Management LP 3Q 13F: Largest Purchases
11/15/201309:18:02OZ Management LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201309:18:02OZ Management LP 3Q 13F: Holdings As Of Sep 30
11/15/201308:55:37Highbridge Capital Management 3Q 13F: Largest Eliminations
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest -2-
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest Sales
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest Purchases
11/15/201308:53:17D. E. Shaw & Co. LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201308:53:17D. E. Shaw & Co. LP 3Q 13F: Holdings As Of Sep 30
11/15/201308:27:47S.A.C. Capital Advisors LP 3Q 13F: Holdings As Of -2-
11/15/201308:27:47S.A.C. Capital Advisors LP 3Q 13F: Holdings As Of Sep 30
11/15/201308:22:24Janus Capital Management 3Q 13F: Holdings As Of -2-
11/15/201308:22:23Janus Capital Management 3Q 13F: Holdings As Of Sep 30

M G M Mirage and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad