The Macau Metro Monitor, July 1, 2011
MONTHLY GROSS REVENUE FROM GAMES OF FORTUNE DSEC
June GGR came in at MOP 20.792BN (HK$ 20.186BN, US$ 2.593 BN), up 52% YoY.
GREENLIGHTING CASINOS IS KINMEN COUNTY'S BEST BET Taiwan Today
Insiders claim Caesars Entertainment is hot for Kinmen and reportedly interested in building a comprehensive recreation and entertainment facility on one of the county’s islands. MPEL CEO Lawrence Ho also made a recent trip to Kinmen. Casino rules may be finalized by the MOTC (Ministry of Transportation and Communications) in late 2011. A local referendum will follow.
CHINA'S JUNE HOME PRICES EASE IN EIGHT OF 10 BIGGEST CITIES, SOUFUN SAYS Bloomberg
According to Soufun Holdings, China home prices growth in June slowed to +0.4%, from +0.5% growth in May. This is the 10th straight month of gains. Shanghai home prices rose 0.1% MoM (+0.3% MoM in May), while those in Beijing dropped 0.1% MoM (+0.2% MoM in May).
