UBS Group: Macau's gambling revenue has shown stable performance this month, with SANDS CHINA LTD (01928) as the top choice.

The bank stated that the average daily gaming revenue from March to date is approximately 0.631 billion Macanese Patacas, down about 10% month-on-month, and believes that the trend is stable, consistent with seasonal performance from 2015 to 2019.

Zhitong FinanceMar 18 04:45 ET

Sands China Chairman to Step Down in March 2026

MT NewswiresMar 6 20:08 ET

SANDS CHINA LTD To Go Ex-Dividend On May 29th, 2025 With 0.32148 USD Dividend Per Share

Moomoo NewsMar 6 19:45 ET

SANDS CHINA LTD (01928): Robert Goldstein will resign as chairman.

SANDS CHINA LTD (01928) announced that Robert Glen ...

Zhitong FinanceMar 6 17:42 ET

China International Capital Corporation: It is expected that Macau's total Gambling revenue in March will be at least 18.6 billion Macanese patacas, with a preference for MGM CHINA and GALAXY ENT.

CICC released a Research Report stating that Macau's total Gambling revenue in February this year was 19.7 billion patacas, a year-on-year increase of 6.8% and a month-on-month increase of 8.2%, exceeding market expectations of a year-on-year growth of 0.75%, and recovering to 77.8% of the level in February 2019. The average daily Gambling revenue during this period was 0.705 billion patacas, a year-on-year increase of 10.6% and a month-on-month increase of 19.8%. Among Macau's gambling stocks, MGM CHINA (02282) and GALAXY ENT (00027) are the preferred choices. CICC pointed out that after excluding the seasonal impact of the Spring Festival holiday, the overall average daily total Gambling revenue during January and February this year was 0.644 billion patacas.

Sina Hong Kong StocksMar 3 02:04 ET

[Brokerage Focus] Morgan Stanley indicates that Macau's gambling revenue in February exceeded expectations and forecasts a 3.3% year-on-year increase in total gambling revenue for March.

Jinwu Financial News | Morgan Stanley issued a Research Report indicating that in February, Macau's Gambling revenue increased by 7% year-on-year to 19.7 billion Macau Patacas, surpassing the bank's and market expectations. In the first two months of this year, the total Gambling revenue in Macau remained flat year-on-year, reaching 76% of 2019 levels, with a slower recovery compared to the fourth quarter of last year (80% in 2019). It is expected that Macau's total Gambling revenue will rise by 3.3% year-on-year to 20.1 billion Macau Patacas in March, driving first-quarter Gambling revenue up by 1% year-on-year to 58.1 billion Macau Patacas. The bank is Bullish on Sands China (01928) and MGM CHINA (02282). The bank believes that the former will benefit from the opening of The Londoner and dividend distributions.

Jinwu Financial NewsMar 2 23:15 ET