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In February, the gross income from Gambling in Macau was 19.74 billion Macanese Patacas, an increase of 6.8% year-on-year.
From January to February, the gross income from lucky Gambling in Macau was 38 billion Macau patacas, an increase of 0.5% year-on-year.
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.
Those Who Invested in MGM China Holdings (HKG:2282) Three Years Ago Are up 105%