MGM - Macau gaming revenue up 58% in March against soft comparable
Gross gaming revenue in Macau was up 58% Y/Y to $1.04B in March to fall short of the consensus estimate for a gain of 71% against the soft pandemic period comparable.The region saw increased visitation from Mainland China as some travel restrictions were relaxed.Macau GGR is down 22.5% YTD after three months.Macau casino stocks: Wynn Macau ([[WYNMF], [[WYNMY]]), Wynn Resorts (WYNN), Sands China (SCHYY), Las Vegas Sands (LVS), MGM China (MCHVF), MGM Resorts (MGM), Galaxy Entertainment (GXYEF), SJM Holdings (SJMHF), Melco Resorts & Entertainment (MLCO) and Studio City International (MSC).Compare Seeking Alpha Quant Ratings on casino stocks.
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Macau gaming revenue up 58% in March against soft comparable