Retail sales during China's Golden Week grew 15% during the holiday period, lower than last...
Retail sales during China's Golden Week grew 15% during the holiday period, lower than last year's 17.5% pace but ahead of many forecasts. The crucial shopping period saw a healthy uptick in tourism which could bode well for gaming companies with Macau operations such as Las Vegas Sands (LVS), Melco Crown (MPEL), Wynn Resorts (WYNN), and MGM Resorts (MGM).
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