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Shares rise on latest Macau news

Shares rise on latest Macau news

Significant year-on-year revenue growth in November 2009 sent related gambling stocks higher this week as the Chinese gambling enclave of Macau reported a 59 percent rise in revenues to Patacas 12 billion (US$ 1.55 billion), hopefully signalling better prospects for December and the new year.

Reuters news agency reported share prize improvements in Sands China, the Macau unit of Las Vegas Sands; Wynn Macau; SJM Holdings; Galaxy Entertainment Group an Melco International Development.