US to invest more in Macao's gaming industry (Xinhua) Updated: 2005-09-16 09:42
Investment from the United States in Macao's gaming industry has reached 300
million US dollars, it was reported Friday.
James B. Cunningham, the US consul general in Hong Kong, said Thurday the
inauguration of the Macao Committee of the American Chamber of Commerce in Hong
Kong would serve the interests of its 50 members and of Macao.
The US diplomat said as Macao has opened the gaming industry toforeign
competition, more US investment will hopefully be seen flooding in.
Two of Macao's 17 casinos are funded by operators from the US.
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