Frost & Sullivan: Growth in Macaus gambling industry slowed in August, optimistic about Galaxy Entertainment (00027.HK) and Wynn Macau (01128.HK).

According to the Zhikang Finance APP, Credit Suisse has released a research report stating that the latest industry data shows that Macaos gaming revenue for the first nine days of August increased by 3% year-on-year, with an average daily revenue of approximately 733 million Macanese patacas, 12% higher than the average daily level in July. The market generally expects a year-on-year growth of 1.3% in gaming revenue for August. The bank believes that the gaming performance during the World Cup was subdued, but the situation has since improved. However, the gaming revenue in August is projected to be higher than July in both 2023 and 2024, remaining roughly the same in 2025. Given last year's high base with a 12.2% growth, achieving low to mid-single-digit growth this August would be considered a positive outcome.