Jingu Finance News | Macau casino stocks fell collectively, Galaxy Entertainment (00027) fell 3.66%, MGM China (02282) fell 3.54%, Wynn Macau (01128) fell 2.9%, Sands China (01928) fell 2.68%, Melco Int'l Dev (00200) fell 1.75%, SJM Holdings (00880) fell 1.61%.
The Macau Gaming Inspection and Coordination Bureau announced on Thursday noon that the gambling revenue in July was MOP 18.6 billion, an 11.6% year-on-year increase, lower than market expectations.
Deutsche Bank also stated that the gambling revenue in Macau in July was slightly below average, and is expected to reach MOP 18.8 billion in August.