THE M3: HARRAH'S SEEKS CROWN'S MACAU STAKE, JANUARY MACAU REVENUES TOP MOP14BN

The Macau Metro Monitor. February 1rst, 2010

 

HARRAH'S SEEKS CROWN'S MACAU CASINOS STAKE smh.com.au

Citing ''contacts in Macau'', David Bain of Sterne Agee said solicitors working for Macau's chief executive, Fernando Chui Sai On, had been asked to examine ''a potential transfer of ownership'' of shares in Melco Crown Entertainment from Crown to Harrah's.  Packer has a long-standing relationship with senior Harrah's executives and Crown owns a 2.5% stake in Harrahs. 

 

JANUARY MACAU REVENUES Lusa News

Lusa reported that January revenues grew 63% in January to MOP 14BN. Market share for LVS was 22% and SJM's market share was 30%.


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