Macau’s gross gambling revenue in May jumped nearly 95% from a year earlier to hit a record high of more than MOP17 billion (US$2.12 billion), Portuguese news agency Lusa reported Tuesday.

Among Macau’s six casino license-holders, tycoon Stanley Ho’s SJM Holdings Ltd. (0880.HK) continued to lead the market with a share of slightly above 32%, followed by Las Vegas Sands Corp. unit Sands China Ltd. (1928.HK) with just under 20%, and Wynn Resorts Ltd. unit Wynn Macau Ltd. (1128.HK) with nearly 16%, according to the report.

Melco Crown Entertainment Ltd. (MPEL) had a market share of about 14%, Galaxy Entertainment Group Ltd. (0027.HK) around 11% and MGM Macau, a joint venture between Pansy Ho and MGM Mirage (MGM), about 7%, Lusa reported.

May’s gross gambling revenue surpassed the previous record hit in April, when it topped MOP14.1 billion.

Thanks To : ONLINE.WSJ

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