Investment from the United States in Macao's gaming industry has reached 300 million US dollars, an US diplomat said in Macao Thursday.

James B. Cunningham, the US consul general in Hong Kong, made the remark while addressing the inauguration of the Macao Committee of the American Chamber of Commerce in Hong Kong.

He expressed wish that the new committee would successfully serve the interests of its 50 members and of Macao.

The US diplomat said as Macao has opened the gaming industry to foreign competition, more US investment will hopefully be seen flooding in.

Two of Macao's 17 casinos are funded by operators from the US.

Source: Xinhua