Macau casino revenue climbs

Investor's Business Daily

Gaming revenue in China's special casino gambling district jumped 38.5% in the first 10 days of March vs. the same month last year, RBC Capital said, citing industry checks. The report said the average daily win rate for table games in Macau in early March was $1,036, just below Feb., which got a boost from Chinese New Year. Shares rose for Las Vegas casinos with resorts in Macau. Las Vegas Sands (LVS), the world's biggest casino resort company was up 1%, while MGM Resorts Int'l (MGM) and Wynn Resorts (WYNN) each rose 0.7% .

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