Macau Gaming Stocks Rally as Melco Surges 18% on Earnings; March Revenue Jumps 15%

Stock News

04/01

Macau gaming stocks rose collectively in Hong Kong trading. At the time of writing, MELCO INT'L DEV (00200) surged 18.23% to HK$4.28. Sands China (01928) gained 4.12% to HK$17.17. GALAXY ENT (00027) increased 3.31% to HK$36.16. MGM China (02282) rose 2.53% to HK$11.35.

The rally follows data released on April 1 by Macau's Gaming Inspection and Coordination Bureau, showing March gross gaming revenue reached MOP 22.612 billion, a 15.0% year-on-year increase that exceeded market expectations. For the first quarter, gross gaming revenue totaled MOP 65.873 billion, up 14.3% compared to the same period last year.

Additionally, MELCO INT'L DEV reported an annual profit of HK$1.058 billion for the year ended December 31, reversing a net loss of HK$785 million in the corresponding period of 2024. Net revenue reached HK$40.24 billion, representing an 11.2% year-on-year increase.

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At the time of writing, MELCO INT'L DEV (00200) surged 18.23% to HK$4.28. Sands China (01928) gained 4.12% to HK$17.17. GALAXY ENT (00027) increased 3.31% to HK$36.16. MGM China (02282) rose 2.53% to HK$11.35.</p>\n<p>The rally follows data released on April 1 by Macau's Gaming Inspection and Coordination Bureau, showing March gross gaming revenue reached MOP 22.612 billion, a 15.0% year-on-year increase that exceeded market expectations. For the first quarter, gross gaming revenue totaled MOP 65.873 billion, up 14.3% compared to the same period last year.</p>\n<p>Additionally, MELCO INT'L DEV reported an annual profit of HK$1.058 billion for the year ended December 31, reversing a net loss of HK$785 million in the corresponding period of 2024. 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At the time of writing, MELCO INT'L DEV (00200) surged 18.23% to HK$4.28. Sands China (01928) gained 4.12% to HK$17.17. GALAXY ENT (00027) increased 3.31% to HK$36.16. MGM China (02282) rose 2.53% to HK$11.35.</p>\n<p>The rally follows data released on April 1 by Macau's Gaming Inspection and Coordination Bureau, showing March gross gaming revenue reached MOP 22.612 billion, a 15.0% year-on-year increase that exceeded market expectations. For the first quarter, gross gaming revenue totaled MOP 65.873 billion, up 14.3% compared to the same period last year.</p>\n<p>Additionally, MELCO INT'L DEV reported an annual profit of HK$1.058 billion for the year ended December 31, reversing a net loss of HK$785 million in the corresponding period of 2024. Net revenue reached HK$40.24 billion, representing an 11.2% year-on-year increase.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0149534421.HKD","symbol_name":"SCHRODER ISF HONG KONG EQ \"A\" ACC","start_time":0,"source_url":"","article_id":"1130099815","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130099815","pubTimestamp":1775026239,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Macau gaming stocks rose collectively in Hong Kong trading. At the time of writing, MELCO INT'L DEV (00200) surged 18.23% to HK$4.28. Sands China (01928) gained 4.12% to HK$17.17. 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