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Express News | Macau Says May Gambling Revenue up 29.7 Pct From a Year Earlier to 20.2 Bln Patacas
Citibank: The latest target price for Macau gaming stocks (table) reaffirms optimism about the prospects of the industry
According to Citigroup, all gaming operators in Macau agree that Macau's gaming revenue is still expected to grow.
Unpleasant Surprises Could Be In Store For Galaxy Entertainment Group Limited's (HKG:27) Shares
Galaxy Entertainment Group Limited's (HKG:27) price-to-sales (or "P/S") ratio of 4.7x may look like a poor investment opportunity when you consider close to half the companies in the Hospitality indus
UBS: Increased individual travel arrangements are expected to drive growth among Macau travelers, and the gaming industry favors Galaxy Entertainment (00027) and Macau Boya (MLCO.US)
UBS estimates that the average spending of midfield travelers in the Macau gaming industry remained flat at MOP 6100 to MOP 6500 in April.
Hong Kong Stock Concept Tracking | Macau's GDP grew 25.7% in the first quarter, and the Macau sector may recover its valuation (with concept stocks)
Macau's GDP grew 25.7% in real terms in the first quarter
Zheshang Securities: Currently in an upward cycle, the gaming industry is expected to double hit Davis
The Zhitong Finance App learned that Zhishang Securities released a research report saying that judging from a historical review, the gaming industry's valuation and revenue growth rate are basically the same, showing that Davis double hit the market, and companies with stronger profitability can enjoy higher valuation premiums. At present, Macau Gaming's valuation level is still at a historically low level, and the midfield business leading the recovery trend has been gradually verified. It is expected that it will continue to follow the path of “passenger flow recovery → boosting midfield business with higher profit levels → rise in the valuation center” in the future. In terms of individual stocks, Zheshang Securities believes that it mainly grasps three investment ideas: 1) Starting in '23, the pace of midmarket recovery has been leading the way in the small but American standard, which has led the industry,
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