Wednesday, October 7, 2015   

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:
Eurozone growth cut to 1.6pc (10-06 22:19)
IMF trims global growth projection (10-06 22:17)
Modest pickup forecast for US (10-06 22:15)
US blue chips climb at open (10-06 21:48)
US August trade deficit with China leaps to US$35b (10-06 20:59)
Facing mega financial hits, Volkswagen tightens spending (10-06 20:40)
Europe to share info on tax avoidance deals of global corporations (10-06 19:57)
(Books) Bernanke worried about ‘grand-daddy of all financial panics’ (10-06 19:39)
Volkswagen admits 8m dirty diesels sold in Europe (10-06 19:01)
Greenback still mighty, but yuan gains ground in trade finance (10-06 18:15)

More breaking news >>

© 2015 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 2015, 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.