Morgan Stanley predicts that Macau's gambling industry EBITDA in the last quarter only increased by 1% quarter-on-quarter, and profit margins continue to be under pressure.

Morgan Stanley has released a research report stating that the EBITDA of the Macau casino industry is expected to increase by only 1% quarter-on-quarter, while industry gaming revenue is expected to increase by 3% quarter-on-quarter, indicating that industry EBITDA is lower than expected and profit margins continue to be under pressure. Morgan Stanley believes that the EBITDA forecast for all companies in the Macau casino industry for the last quarter will be revised downward. However, it is expected that GALAXY ENT (00027), WYNN MACAU (01128), and MGM CHINA (02282) will outperform their peers.