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  1. Macau's Casino Revenue Falls 39%

    Bloomberg via Yahoo! Finance04 May 14:21

    Macau’s casino shares rose in Hong Kong trading on signs that the industry’s slump is approaching a bottom. Wynn Macau Ltd. extended earlier gains to rise 2.5 percent as of 2:05 p.m., after the data was published. Galaxy Entertainment Group Ltd. rose 0.8 percent and Sands China Ltd. gained 0.9 percent, while the benchmark Hang Seng Index was little changed. Gross gaming revenue in the world’s ...

  2. Macau death plot raised during casino mogul testimony

    Associated Press via Yahoo! News06 May 08:10

    LAS VEGAS (AP) — Casino mogul Sheldon Adelson found himself answering questions in a Las Vegas courtroom on Tuesday about what he knew about a plot to behead employees in Macau and if Chinese government promises were broken as Las Vegas Sands Corp. developed properties on the lucrative Cotai Strip.

  3. HONG KONG - SJM Holdings, Macau's oldest casino operator founded by billionaire Stanley Ho, saw its net profit plunge 47 per cent year on year to 1 billion Hong Kong dollars (S$174.8 million) for the three months ended March, the company said Monday. It was the latest operator in the Chinese special administrative region to report dismal first-quarter results. In April, Sands China - owner of ...

  4. It’s not often that the market sees news of a 38.8 percent year-over-year drop in revenue as a good thing, but that’s the case for stocks of Macau casino operators today. According to data released by ...

  5. Macau casino stocks have dropped amid China's anti-graft crackdown, but some investors hold faith in long-term gambling demand.

  6. MACAU - Gambling revenue in the Chinese Special Administrative Region of Macau plummeted 38.8 per cent in April from the same month a year earlier, the 11th consecutive monthly fall as wealthy mainland gamblers steered clear of the country's only legal casino...

  7. Macau casino stocks have lost as much as half their value over the past year as China's anti-corruption crackdown scares away wealthy VIP punters, but some investors say their faith in long-term gambling demand from the mainland remains unshaken. Industry moguls like Wynn Resorts' (WYNN.O) Steve Wynn and Las Vegas Sands' (LVS.N) Sheldon Adelson have noted the unprecedented nature of the decline...

  8. Nevada's gambling revenues fell in March while Macau gambling revenues plunged 39% in April. Wynn Resorts Ltd. (WYNN) posts dismal first quarter results while Boyd Gaming Corporation (BYD) posted better-than-expected results.

  9. Macau April gambling revenue plunges 39 pct y/y

    Reuters via Yahoo! Finance04 May 15:13

    Gambling revenue in the Chinese territory of Macau plummeted 38.8 percent in April from a year earlier, the eleventh consecutive monthly fall as wealthy gamblers steered clear of the country's only legal ...

  10. In his third day of testimony casino mogul Sheldon Adelson denied knowledge of a secret “exorcism strategy” to rid Sands China Ltd. of its president and CEO, Steven Jacobs.

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