Archive for March, 2010

Crown Back In Black, Says No Macau Plan To Sell

Crown Limited has scotched speculation it is preparing to sell its stake in Macau casinos, saying it is committed to the investment because of its exposure to the flourishing Chinese market. Crown yesterday reported a return to profit in the first half of the financial year of $115 million, as it climbs back from $1.7 billion

Sands China Profit Rises 22% on Macau Gambling Surge

By Wing-Gar Cheng Sands China Ltd., Asia's biggest listed casino operator, said profit rose 22 percent last year as Macau visitors gambled more on card games and slot machines. Net income increased to $213.8 million from $175.7 million a year earlier, Sands China, which has the second-biggest market share among Macau casinos, said in a statement to

February Macau Casino Revenue Up Seventy Percent

Macau long ago passed Las Vegas as the new gambling capital of the world, but now the area is embarrassing the Nevada city with their latest revenue figures. For February, revenue was up seventy percent over the same period in 2009. Revenue at the city's six casinos was $1.68 billion for February. The Lusa News Agency