Macau's gross gambling revenue hit a record in April, jumping 70% from a year earlier to more than MOP14.1 billion, Portuguese news agency Lusa reported.

Casino tycoon Stanley Ho's SJM Holdings Ltd. (0880.HK) continued to lead market share with slightly above 33%, followed by Las Vegas Sands Corp. (LVS) unit Sands China Ltd. (1928.HK), with just over 21%, and Wynn Resorts Ltd. unit (WYNN) Wynn Macau Ltd. (1128.HK), with just over 14%, according to the report.

Melco Crown Entertainment Ltd. (MPEL) had a market share of about 13%, Galaxy Entertainment Group Ltd. (0027.HK) had around 11%, and MGM Macau around 7%, Lusa reported.

The April record surpassed the one hit in January, when gross gambling revenue in the Chinese territory totaled almost MOP14 billion.

-By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002; kathryn.okeeffe@dowjones.com
SJM (PK) (USOTC:SJMHF)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more SJM (PK) Charts.
SJM (PK) (USOTC:SJMHF)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more SJM (PK) Charts.