Express News | Macau Says October Gambling Revenue up 6.6 Pct From a Year Earlier to 20.8 Bln Patacas

ReutersNov 1 00:45 ET

We Think Galaxy Entertainment Group (HKG:27) Can Manage Its Debt With Ease

Simply Wall StOct 20 20:08 ET

Hong Kong stocks fluctuate | Macau casino stocks continue to fall, Q3 gambling revenue falls month-on-month and profit margins remain under pressure. Industry EBITDA may fall by 10% month-on-month.

Macau casino continued to fall, as of the deadline, wynn macau (01128) fell by 5.93%, closing at 6.35 Hong Kong dollars; sands china (01928) fell by 4.32%, closing at 19.04 Hong Kong dollars; galaxy ent (00027) fell by 3.46%, closing at 37.65 Hong Kong dollars; mgm china (02282) fell by 2.33%, closing at 10.33 Hong Kong dollars.

Zhitong FinanceOct 13 23:24 ET

Macau Elects Former Judge Wary of Casinos as Its New Leader

BNN BloombergOct 12 23:48 ET

HSBC: More bullish on Sands China (01928) among Macau gaming stocks in the third quarter of this year, believing that the industry's EBITDA will grow by 4% quarter-on-quarter in the fourth quarter.

Daiwa Securities indicated a more bullish outlook on Sands China (01928) compared to Galaxy Ent (00027). They also predict sjm holdings (00880) to rise in the third quarter.

Zhitong FinanceOct 9 01:57 ET

Hong Kong stock market anomaly | sjm holdings (00880) rose more than 5%, leading the macau casino stocks. Visits to Macau by mainland tourists during the Golden Week exceeded expectations, with October gaming revenue expected to increase by more than 10%

Macau casino stocks rebounded in early trading. As of the time of publication, SJM Holdings (00880) rose by 5.14%, to 3.07 Hong Kong dollars; Galaxy Ent (00027) rose by 3.82%, to 39.45 Hong Kong dollars; Wynn Macau (01128) rose by 3.76%, to 6.9 Hong Kong dollars; Melco Int'l Dev (00200) rose by 3.33%, to 5.27 Hong Kong dollars.

Zhitong FinanceOct 8 21:50 ET