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In Macau, gross gaming revenue in February came in at the equivalent of $2.88 billion, a sturdy 18% improvement on a year-over-year basis. It was the seventh month in a row that revenue rose, and
Macau Casino Stocks Rise as Monthly Sales Meet Estimate Sands China Ltd. led gains in Macau casino stocks as the world’s biggest gambling hub reported revenue that was in line with the government’s estimate. Sands China Ltd. surged 7.1 percent to ... Casino Stocks on the Rise to Kick Off 2011 - Yahoo NEW YORK, NY--(Marketwire - 01/07/11) - Casino stocks have kicked off the New Year in style as analysts upgraded several companies in the sector for a myriad of reasons. With Macau revenues still ... Gaming Stocks: Las Vegas Sands Stock, Wynn Stock, Melco ...
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Macau currency crackdown has investors on edge - yogonet.com The Bloomberg Intelligence’s index of Macau casino stocks dropped 1 percent in Hong Kong trading on Thursday. SJM Holdings Ltd. shares fell 2.8 percent and MGM China Holdings Ltd. slid 0.9 percent. Wynn Macau Ltd. dropped 0.5 percent, erasing an earlier gain of as much as 1.8 percent. Betting on the gambling industry | The ASEAN Post It was reported in January that Macau’s casino stocks tumbled after news that gaming revenue didn’t meet the median estimate of a 20 percent increase. Meanwhile, the gambling industry in Southeast Asia has been on the rise in the past decade.
Betting on Macau gambling stocks in 2017 and beyond. Other than the risk of increased regulations, there's also the risk of too much supply. The total number of visitors to Macau in December grew 7% year over year, and the number of those who stayed overnight grew 17% to make up 51% of the total.
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4 Casino Stocks That Are Roaring Higher While casino stocks are largely up on the year, they have given back some of those gains as the Macau rebound has slowed in the summer.August, however, was strong. Gaming revenues rose 17%. Thus, if recent Macau strength can persist into the end of the year, casino stocks should rally...
Casino stocks are a 'screaming buy,' says Jefferies analyst David Katz 1 Nov 2018 ... Casino stocks have been oversold and are now cheap, says Jefferies analyst David ... “They're driving the profit growth in Macau,” he said. 4 Casino Stocks That Are Roaring Higher - Yahoo Finance 5 Sep 2018 ... Between 2010 and 2013, gaming revenues in Macau were rising by 20%, 30%, 40% and more. Casino stocks were consequently roaring ... Macau Casinos Get Good News From Revenue, G20, Analysts Say ... 3 Dec 2018 ... U.S.-listed Macau casino operators follow their Hong Kong peers sharply ... Trump and Xi's G20 meeting" should help the stocks recover, at least in the ... China's growth rate plus the status of Macau concession renewals will ...