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Macau on Course for Record Turnover

18 October 2005

MACAU – As reported by AFX: "Gaming receipts for Macau's casinos reached 2.8 billion USD for the first six months of the year, government figures showed, setting the territory on course for a year of record gambling turnover.

"…With the third quarter -- traditionally the busiest for casinos -- still to be accounted for, the city's casinos are well on the way to eclipsing last year's record 5.2 bln usd worth of receipts.

"…Business is booming in the territory, dubbed the Las Vegas of Asia, thanks to huge investment in new casinos led by newly-arrived American operator Venetian, whose Sands Macau was the first to take advantage of a liberalization of the casino market…"

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