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.
HK Stock Market Move | Household appliance stocks rise across the board in early trading, as the Ministry of Commerce releases a notice regarding the trade-in of old appliances for new ones. The potential for consumption is expected to continue to be unleashed.
HK Stock Market Move | CARSGEN-B(02171) rose nearly 14% in early trading, KJC-2219 initiated clinical trials, and it is expected that CT041 will submit an NDA for gastric cancer treatment in the first half of the year.
RECOMMEND
©️2013 - 2025 GMT EIGHT Holdings. All Rights Reserved.
Contact: contact@gmteight.com