Reversal Of Fortune For Melco International Development Insiders Who Made A HK$7.94m Purchase

Simply Wall StDec 2 17:13 ET

Express News | Macau Says November Gambling Revenue up 14.9 Pct From a Year Earlier to 18.4 Bln Patacas

ReutersNov 30 23:45 ET

Hong Kong stocks anomaly | Macau casino stocks rebound in early trading. In October, Macau's inbound tourists increased by 13.7% year-on-year, with a significant increase in international tourists.

Macau casino stocks warmed up in the morning session. As of the time of reporting, Sands China (01928) rose 4.26% to HKD 19.58; Melco Int'l Dev (00200) rose 2.43% to HKD 4.64; SJM Holdings (00880) rose 2.33% to HKD 2.64; Galaxy Ent (00027) rose 1.86% to HKD 32.9.

Zhitong FinanceNov 25 22:36 ET

Melco International Development Limited's (HKG:200) Most Bullish Insider Is CEO Yau Lung Ho, and Their Holdings Value Went up by 10.0% Last Week

Simply Wall StNov 8 17:01 ET

Macau casino stocks rose, with Wynn Macau (01128) up 2.52%. Total consumer spending by tourists in the first three quarters increased by 8% annually. However, Goldman Sachs believes that Macau's gambling revenue growth will slow down in the future.

Kin Wu Financial News | Macau casino stocks collectively rise, Wynn Macau (01128) up by 2.52%, Paradise Ent (01180) up by 2.2%, Melco Int'l Dev (00200) up by 1.76%, Sands China (01928) up by 1.66%, MGM China (02282) up by 1.37%. According to statistics from the Macau Special Administrative Region government's Statistics and Census Service, total consumer spending by tourists in the first three quarters of 2024 increased by 8% year-on-year to 56.21 billion Macau patacas, mainly driven by a significant 30.1% growth in tourist arrivals in the first three quarters compared to the same period last year. Among these, total consumer spending by overnight tourists and non-overnight tourists

Golden Guard Financial NewsNov 7 20:44 ET

Citi: Maintains a "buy" rating on melco int'l dev (00200) with a target price of 6.3 Hong Kong dollars.

According to Citigroup's estimates, Wynn Macau's gambling gross revenue market share in the third quarter of 2024 remained essentially flat compared to the previous period, at around 14.5%.

Zhitong FinanceNov 6 02:42 ET