No Data
No Data
Macao's June Gross Gaming Revenue Lower Than Expected, Macquarie Says
Hong Kong stock market anomaly | Macau casino stocks come under pressure again, MGM China (02282) falls more than 3%, Macau gambling data is still in a seasonal low.
According to a research report released by Citi, as of press time, Macau casino stocks are under pressure again. MGM China (02282) fell 3.54% to HKD 12. Paradise Entertainment (01180) fell 2.33% to HKD 0.84. Melco International Development (00200) fell 1.37% to HKD 5.04. Galaxy Entertainment (00027) fell 0.44% to HKD 33.9. According to industry sources, the casino revenue for the first seven days in July in Macau was about MOP 3.85 billion, which means the average daily income is about MOP 0.55 billion, lower than the last week of June 24.
Macau's Gross Gaming Revenue Surges 16% in June
Macau Gaming Industry Association: Raising the threshold for free snacks will help control costs and have little impact on the revenue of gaming companies.
According to Song Weijie, the chairman of the Macau Gaming Association, raising the threshold for free snacks at casinos may have an impact on the revenue of the casino companies, but it is not expected to be significant.
China's Lottery Sales Jump Over 20% in April
PARADISE ENT: Annual Report 2023
No Data