Friday, May 3, 2013

Macau Casino : Revenue rose 13% YoY in 1Q 2013

Macau gambling revenue rose 13% YoY in April according to data from Macau's Gaming Inspection and Coordination Bureau.

Sands China (1928) released 1Q net income up 63.3% YoY to $453M on revenue of $2.0B vs $1.5B a year earlier. In other news, the Co was downgraded to "hold" from "buy" at DBS Vickers.

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