Macau sector celebrates best month of growth in two years

|By:, SA News Editor

Gaming revenue in Macau rose 8.8% in October to 21.815B patacas ($2.726B), according to data from the Macau Gaming and Inspection Coordination Bureau.

The increase is the largest in Macau in over two years and sailed past nearly all estimates from investment firms.

Macau casino stocks: Wynn Macau (OTCPK:WYNMF, OTCPK:WYNMY), Wynn Resorts (WYNN +3.8%), Sands China (OTCPK:SCHYY, OTCPK:SCHYF) Las Vegas Sands (LVS +1.1%), MGM China (OTCPK:MCHVF, OTCPK:MCHVY), MGM Resorts (MGM +1.4%), Galaxy Entertainment (OTCPK:GXYEF -1.2%), SJM Holdings (OTCPK:SJMHF, OTCPK:SJMHY), Melco Crown (MPEL +7%).

Related ETF: BJK.

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