Galaxy Entertainment Group completed the year as the best performer as far as stocks and shares are concerned. The company, which opened up the enclave’s newest venue earlier on the year, saw stocks rise 61.8% over the course of the year and finished the year with double the increase of the nearest contender Melco International Development (up 30%). Among the other operators, Sands China rose by almost 28.5%, Wynn Macau by 18.1% and SJM by 5%.
Macau’s position on the top of the casino business tree was further confirmed by the revenue finishing the year up 25% in December compared with the year before as gaming industry revenue hit 23.61billion patacas ($2.95bn). Some may be disappointed that the increase wasn’t more like 50% but an increase of that much in the current economic climate is nothing to be shirked at especially in the land-based gaming industry.