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Macquarie: Macau's gaming revenue this year may not reach the official original target, with GALAXY ENT as the top choice among gaming stocks.
Macquarie released a Research Report stating that Macau's gambling revenue this year may not reach the target set earlier by the Macau government. According to third-party data, the average daily gambling revenue in Macau from March 10 to 16 was 0.621 billion Macau patacas, a 16% decrease month-on-month and a 3% decline week-on-week. Compared to February this year, the average daily gambling revenue in VIP rooms and the mass market also weakened, with the mass market decreasing 8% to 10% and VIP rooms down 9% to 10%. Additionally, the win rate for the second week of March was 2.8% to 3.1%, down from 3% to 3.3% in the first week. The firm indicated that if the gambling results for the remaining time this month are...
Wynn Macau Schedules Board Meeting to Review Annual Results
WYNN MACAU (01128.HK) plans to hold a Board of Directors meeting on March 27 to approve the annual performance.
Gelonghui reported on March 17 that WYNN MACAU (01128.HK) announced that the Board of Directors has scheduled a board meeting on March 27, 2025 (Thursday) to consider and approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, to consider declaring, recommending, or paying dividends (if any), and to handle other matters.
Date of Board Meeting
Wynn Macau (WYNMF) Receives a Buy From Jefferies
Wynn Macau Downgraded to Equal Weight From Overweight at Morgan Stanley
