Reuters – The casino hub of Macau raked in a record 38 billion patacas (S$6.1 billion) in gambling revenue last month, with strong spending from wealthy punters over the week-long Chinese New Year holiday. Gambling revenue growth in Macau, a Special Administrative Region that is the only place in China where casinos are allowed, soared 40 per cent from the same month a year earlier, far ahead of analyst estimates of growth between 29 and 35 per cent. The world’s No 1 gambling hub, Macau earns the equivalent of Las Vegas’ annual haul in less than two months. February’s figure,…

From Investors – Shares of Las Vegas-based casinos rose Monday after a report that table gambling revenue in Macau for July is on track to climb 19% from the same month a year ago. Sterne Agee said it expects gross gambling revenue take for Vegas casinos Las Vegas Sands (LVS), MGM Resorts International (MGM) and Wynn Resorts (WYNN), and the three Hong Kong casinos with operations in Macau, to total $3.68 billion. That would continue a hot streak for Macau, the world’s largest and fastest-growing casino gambling locale. The report comes on the heels of an upbeat report last week for…