** Shares of some U.S.-based casino operators up in premarket trade after Macau reports rise in June gambling revenue
** Macau says June gambling revenue up 19% from a year earlier to 21.1 billion patacas ($2.61 billion)
** Shares of Wynn Resorts WYNN.O up 4.62%, Las Vegas Sands LVS.N up 5.8%, MGM Resorts International MGM.N marginally higher
** "We think June’s GGR (gross gaming revenue) still surprised to the upside, and believe many investors were expecting GGR +12-14% y/y" - JPMorgan analyst Daniel Politzer
** As of last close, S&P 500 Casinos & Gaming index .SPLRCCCGL down 7.77% YTD
($1 = 8.0850 patacas)
(Reporting by Anshuman Tripathy)
((Anshuman.Tripathy@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.