MGM - Macau stocks on watch after October revenue drop less steep than anticipated

Gross gaming revenue in Macau fell 72.8% in October to $7.27B patacas, according to the Macau Gaming Inspection and Coordination Bureau. The mark was better than the -74% decline anticipated by analysts.Gamblers are reported to have started returning to Macau casinos at a higher rate during the last two weeks of the month after visa backlogs cleared.Wynn Resorts (WYNN) is up 3.00% in premarket trading and Las Vegas Sands (LVS) is 1.33% higher.Macau casino stocks: Wynn Macau ([[WYNMF]], [[WYNMY]]), Sands China ([[SCHYY]], [[SCHYF]]), MGM China ([[MCHVF]], [[MCHVY]]). MGM Resorts (MGM), Galaxy Entertainment (GXYEF), SJM Holdings ([[SJMHF]], [[SJMHY]]), Melco Resorts & Entertainment (MLCO), Studio City International (MSC). Related ETF: [[BJK]].Compare casinos stocks side by side.

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Macau stocks on watch after October revenue drop less steep than anticipated