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Macau is on Top of the Gambling World, LVS, WYNN, MPELGambling dollars flowing into Macau casinos are nothing new, but this year's action shocked the most Bullish followers of gaming stocks. This year, we here at LTN are upping our forecast of Macau's “take” to 30% growth over last year, and perhaps as ... read more
Macau Gambling Revenue Surges, Sands, Wynn, MGM Jump
Macau's government reported that gambling revenue passed $2.5 billion in March, a 48% gain from the previous year. Macau passed the Strip in 2006 and in 2010 it had four times the revenue of its old rival. Vegas casinos with operations in Macau are ... read more
Melco Crown announces appointment of CFO
Melco Crown Entertainment Limited announced on Friday that Geoffrey Davis, deputy chief financial officer and treasurer, has been promoted to chief financial officer. Mr Davis will report directly to Lawrence Ho, the company's co-chairman and chief ... read more
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