Asia gambling bellwether: SJM Holdings (SJMHF.PK) says it grew its full-year profit by 27% Y/Y...

|About: SJM Holdings Ltd. (SJMHF)|By:, SA News Editor

Asia gambling bellwether: SJM Holdings (SJMHF.PK) says it grew its full-year profit by 27% Y/Y to $870M to beat the estimates of analysts. The company saw 8X more growth in its mass market category than VIP. The solid report from Asia's largest casino company could boost enthusiasm for Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN), and Melco Crown (MPEL).