Macau casino stocks collectively rose. As of press time, Melco International Development (00200) rose 2.91% to HKD 4.25; MGM China (02282) rose 2.27% to HKD 10.8; Sands China (01928) rose 2.15% to HKD 14.22.
According to the Intelligent Finance and Economics App, macau casino stocks collectively rose. As of press time, Melco International Development (00200) rose 2.91% to HKD 4.25; MGM China (02282) rose 2.27% to HKD 10.8; Sands China (01928) rose 2.15% to HKD 14.22; Wynn Macau (01128) rose 1.9% to HKD 5.36.
In terms of news, the Macau Gaming Inspection and Coordination Bureau announced that the gambling revenue in August was MOP 19.754 billion, a year-on-year increase of 14.8%, higher than market expectations of 13.2% growth; a month-on-month increase of 6.2%. From January to August this year, gambling revenue was MOP 152.102 billion, a year-on-year increase of 33.4%.
CICC pointed out that the total gambling revenue in Macau in August met expectations, thanks to the increase in visitor numbers during the summer and the continuous volume growth of new properties. The bank predicts that the total gambling revenue in Macau in September is expected to reach MOP 173-18.8 billion, corresponding to a daily gambling revenue between MOP 5.75-0.625 billion.