THE M3: CHINA YUAN LOANS; AIR INSPECTION DATA

04/11/13 07:39AM EDT

The Macau Metro Monitor, April 11, 2013

CHINA'S NEW YUAN LOANS RISE SHARPLY WSJ

Banks made 1.06 trillion Chinese yuan ($171 billion) of net new loans in March, up from 620 billon yuan in February and well above expectations, despite pressure from the central bank to hold the line on lending.

HEALTH BUREAU INSPECTION 28 CASINOS FAIL TO MEET AIR QUALITY STANDARDS Macau Daily Times

The Health Bureau has released the results of the first test on the air quality inside Macau casinos four months after the implementation of the partial smoking ban in gaming venues.  But laboratory examinations show only 16 of the 44 gaming venues meet the full requirements and the other 28 venues all recorded one or more forms of pollutants above the tolerable level.  These casinos will have to take improvement measures or risk having their smoking-area reduced. 

Laboratory tests show only two concessionaires met all the air quality requirements (the Venetian’s four casinos and MGM Grand’s one casino).  The other four concessionaires have a total of 11 casinos that passed all six tests, but their remaining 28 casinos have failed at least one of the six tests. 
Sixteen of the 28 gaming venues found to have sub-standard air quality are operated by SJM, eight by Melco Crown, three by Galaxy and one by Wynn. 

If air quality meets the required standards, the casinos will be allowed to continue operating the same size of smoking-area; otherwise they may risk a reduction of that area.


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