No Data
Double-down or Fold? Investors Eye the Best Strategies for Macau Casino Stocks
Express News | Macau Says February Gambling Revenue up 6.8 Pct From a Year Earlier to 19.7 Bln Patacas
【Brokerage Focus】CITIC SEC indicated that Macau's GGR in February is expected to show a "long tail effect."
Jinwu Financial News | CITIC SEC stated that in the first seven days before the Spring Festival holiday in 2025 (from the first to the seventh day of the first lunar month), the total inbound passenger flow to Macau has recovered to 98% of the same period in 2019, consistent with the expectations for Q4 2024. However, due to the high proportion of family travel in the Macau tourism market during the Spring Festival holiday, the gambling market has been experiencing "crowded but not profitable" conditions, leading to a noticeable adjustment in the sector due to slightly weaker gambling data. The firm observed a significant warming in demand after the Spring Festival holiday, with February GGR expected to show a "long tail effect", predicting that the combined GGR for January and February will remain flat compared to the same period in 2024. The firm believes that the recent sector adjustment has fully reflected this.
Hong Kong stocks move | Macau Casino stocks rose in the morning, Sands China (01928) pays dividends for the first time in five years, and JPMorgan predicts that Macau's annual gaming revenue will grow by 2% year-on-year.
Macau Casino stocks rose in the morning session. As of the time of writing, Sands China (01928) is up 6.29%, quoted at 18.26 HKD; GALAXY ENT (00027) is up 5.42%, quoted at 31.1 HKD; WYNN MACAU (01128) is up 3.77%, quoted at 5.51 HKD; MGM CHINA (02282) is up 4.11%, quoted at 10.64 HKD.
Macau Casino stocks are strong, Sands China (01928) rose 5.94%. In January, the number of inbound tourists to Macau increased by 27.4% year-on-year.
King Wu Financial News | Macau Casino stocks are strong, Sands China (01928) rose 5.94%, GALAXY ENT (00027) rose 4.92%, WYNN MACAU (01128) rose 3.77%, MGM CHINA (02282) rose 3.72%, SJM HOLDINGS (00880) rose 2.93%, MELCO INT'L DEV (00200) rose 2.47%. According to news, the Statistics and Census Service of Macau showed that in January this year, the total number of inbound visitors was 3.647 million, an increase of 27.4% compared to the previous year. However, overnight visitors (2.155 million) and staying visitors (1.491 million) decreased.
J.P. Morgan: Forecasts that Macau's gambling revenue in February will be between 18.3 billion to 19.4 billion Macanese Patacas. Recommends GALAXY ENT and others.
JPMorgan released a Research Report forecasting that Macau's gambling revenue in February will range between 18.3 billion and 19.4 billion Macau patacas, reflecting a year-on-year decline of 1% to an increase of 5%. The bank believes that this year's total gambling revenue may only record low single-digit growth, currently predicting a year-on-year increase of 2%. It continues to list GALAXY ENT (00027) as the industry’s top choice.
