Friday, August 1, 2014   

Macau gaming revenue less than expected
(02-05 19:10)

Macau logged lower gaming revenue than expected in January, prompting sell-offs in gaming stocks.
Galaxy Entertainment (0027) closed 7.3 percent lower to HK$66.25. Sands China (1928) lost 7.4 percent to HK$54.65. Wynn Macau (1128) fell 2.9 percent to HK$32. SJM Holdings (0880) gave up 5.9 percent to HK$22.40. MGM China (2282) ended 4.3 percent lower at HK$28.65.
Gaming revenue of Macau gained only 7 percent in January as compared to a year ago, totaling 28.74 billion patacas. Market expected the total income at 30 billion patacas.
   
Other Business breaking news:
Hang Seng eases at lunch (1 hr 14 mins ago)
Nikkei down at mid-day (2 hrs 35 mins ago)
China home prices fall faster in July (2 hrs 37 mins ago)
Wall Street plunges on sell-off (08-01 10:48)
China manufacturing activity surges in July (08-01 10:34)
Nikkei opens lower (08-01 10:21)
Hong Kong stocks down at open (08-01 10:19)
Fujitsu says returns to profit on strong PC, mobile sales (07-31 17:53)
Hutchison, Cheung Kong profits soar (07-31 16:59)
HK retail sales shrink in June (07-31 16:48)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.