Wynn Resorts Ltd and Las Vegas Sands Corp. increased the value of their shares after the total revenue generated by the casino industry in Macau increased by over 40 percent.

SJM Holdings Ltd., Sands China Ltd and a couple of casinos in Macau generated $1.9 billion dollars more in September when compared with the same period a year ago according to the Gaming Inspection and Coordination bureau.

The share price of Wynn increased by 4 percent to $90.55 at 12.03pm while Las Vegas Sands also increased by 3.2% to $36.31. The shares of Melco Crown Entertainment also increased by 3.5 percent to $5.27 and those of MGM Resorts also increased by 0.9 percent to sell at $11.36 on the NYSE.

Financial plans in Macau were revamped earlier in the year and this helped boost Macau’s gambling industry to generate 67 percent more revenue around that period. Measures by the Chinese government helped achieve an average growth of 11.9% in the first quarter and 10.3% in the next three months. However the growth of the gambling industry has reduced significantly compared with earlier months in the year.

Janet Brashear, an expert from Sanford C. Bernstein & Co. in New York stated that even though Macau’s growth rate is declining, it’s still one of the best in the world and every gambling company will love to operate in the Chinese territory which is the biggest gambling destination in the world at the moment. It’s reported that both MGM and Melco have been very serious in trying to get a bigger chunk of the gambling market.

MGM started a bid to gain permission from Chinese authorities to float its shares on the Hang.

Financial results have shown an increase of about 60 percent in revenue from January to September to 133 billion patacas when compared with the same period last year and the figures achieved last month were correctly anticipated by Macquarie Group Ltd.