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Casino operators rallied Thursday after government data in China showed gaming revenue in Macau rose 18.5% in December to $4.19 billion. Analysts polled by Thomson Reuters expected growth of 13% to 17%. For the year, gaming revenue totaled $45 billion, up 19% from 2012, and a nice acceleration from 14% growth in 2012. By comparison, gaming revenue in Las Vegas totaled around $6 billion in 2012. It’s estimated that only around 4% of China’s Scalper1 News
Scalper1 News