THE M3: SEPT GGR; AMBROSE SO

10/04/11 07:42AM EDT

The Macau Metro Monitor, October 4, 2011

MONTHLY GROSS REVENUE FROM GAMES OF FORTUNE DSEC

Macau September Gross Gaming Revenue came in at 21.24BN MOP (20.63BN HKD, 2.65BN USD), representing YoY growth of +38.8%.

SJM REMAINS CONFIDENT DESPITE STOCK SELL-OFF Macau Daily Times

SJM CEO Ambrose So said, “I’m not too worried about the slowdown in China. Basically the growth is still in this region....We want to have a very strong growth. In the first few days [of October] we see that the trend is keeping up, despite the fact that people are talking about a slowdown in China and in this region. But we haven’t felt the impact yet....We are still waiting for a Government response to our application for a plot in Cotai close to the Macau Dome."

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.