from today's Hotel News Now (8/15):
Macau holds riches for casino-hotels
15 August 2011
By Shawn A. Turner
"MACAU— ... The Chinese region has been, and is expected to continue to be, a gold mine for the lucky few hotel-casinos that have been granted licenses to operate there.
Net revenue at the company’s Macau operations totaled US$976.51 million during the second quarter this year, a 36.7% increase over US$714.41 million a year earlier, according to a 9 August U.S. Securities and Exchange Commission filing. By comparison, net revenue at Wynn’s Las Vegas operations totaled US$390.85 million during the quarter." ...
for the complete
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