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All Macau Casino stocks are in the green. GALAXY ENT (00027) rises 3.46%. Ahead of the Spring Festival, Macau is welcoming a new wave of inbound and outbound tourist flow peaks.
Jinwu Financial News | Macau Casino stocks are all in the green, with MACAU LEGEND (01680) up 5.26%, GALAXY ENT (00027) up 3.46%, MGM CHINA (02282) up 1.71%, MELCO INT'L DEV (00200) up 1.46%, and Sands China (01928) up 1.22%. According to the Macao Daily News, the Macao Public Security Police announced that yesterday (the 26th) there were approximately 0.6454 million people entering and exiting Macao, including around 0.2654 million travelers and about 0.1355 million visitors to Macao. The main entry point was the Gongbei Port, followed by the Hong Kong-Zhuhai-Macao Bridge and.
Major banks rating | Goldman Sachs: Holds a positive view on the Macau Gambling Industry, with a more favorable outlook for the 2025 fiscal year.
Goldman Sachs released a research report indicating that the stock prices of the Macau gaming industry fell by an average of 7% over the past month, similar to the performance of other travel industry shares, with Sands China experiencing the largest decline, which totaled 15%. This is also consistent with Sands' weaker market share performance compared to expectations in December last year.
Macau Sees Surge in Bond Listings in Pivot Away From Gambling
Macau Legend Faces Project Termination in Cape Verde
macau legend (01680.HK): The government of Cape Verde intends to terminate the convention and grant related to the construction of a hotel entertainment complex and hotel residence infrastructure.
Glory Times reported on November 22nd that macau legend (01680.HK) announced that on the evening of November 19, 2024, the company was notified by the government of Cape Verde ("Cape Verde Government") that it decided to terminate the formulated agreement and its supplementary documents and the resulting concession contracts entered into by MLD CaboVerde Resorts SA and MLD Cabo Verde Entretenimento SA (collectively referred to as "Cape Verde subsidiaries", the company's indirect subsidiaries, mainly engaged in operating hotels and gambling businesses in Cape Verde) with the Republic of Cape Verde. The agreement and concession.
Express News | Macau Legend Development - Notified by Govt of Cape Verde Regarding Decision to Terminate Establishment Convention and Addendum on 19 Nov