International edition
June 15, 2021

According to JP Morgan and Haitong Securities analysts

Positive outlook on Macau gaming market

(Macau).- “We reiterated our positive outlook on the Macau gaming sector. Positive drivers include a seasonally strong April/May, expected strong first quarter of 2011 results to come out in May, Cotai project approval and opening of a mega casino resort,” JP Morgan said, quoted by The Wall Street Journal.

H

aitong Securities also considers Macau´s gaming sector outlook attractive.

“We expect another month of strong gaming revenue in May with the mainland’s Golden Week holiday, as the sector continues to benefit from rising disposable income of the mainland’s burgeoning middle class,” the company said.

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