BUZZ-Melco leads gains in Macau gaming stocks after April revenue, Sri Lanka's plan

Reuters05-02

** Melco International leads rise among Macau gaming stocks, rising 8.8% to HK$6.45, highest since Sept 18

** Macau's Gaming Inspection and Coordination Bureau said on Wednesday April gambling revenue up 26% YoY to 18.55 bln patacas ($2.30 bln), bringing the total in the first four months to 75.87 bln patacas, up 53.7% YoY

** Melco's listed subsidiary Melco Resorts & Entertainment

announces its collaboration with Sri Lanka's John Keells Holdings PLC in their $1 billion plus integrated resort development in central Colombo

** Melco Resorts also said its unit has been awarded a 20-year casino license by the Government of Sri Lanka

** Rivals also climb with Galaxy Entertainment , SJM , Sands China , Wynn Macau and MGM China rising between 1.4% and 3.5%

** Hang Seng Commerce & Industry Index rises 1.7%, Hang Seng Composite Index climbs 1.3% and Hang Seng Index adds 1.4%

($1 = 8.0540 patacas)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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