The Zhitong Finance App learned that the increase in gaming stocks increased. As of press release, Macau International (00200) rose 5.66% to HK$3.36; Wynn Macau (01128) rose 5.04% to HK$5.42; Galaxy Entertainment (00027) rose 4.34% to HK$32.72; and MGM China (02282) rose 4.08% to HK$10.47.

According to a research report released by Citigroup, Macau's gaming revenue in the second quarter of this year was also dragged down by the World Cup and extremely unfavorable VIP room win rates, leading to an increase in operating leverage. The industry's EBITDA is expected to drop to US$1.923 billion in the next quarter, down 7% year on year, and 12% from quarter to quarter. However, since the industry's current valuation is nearly two standard deviations below the historical average, I believe the stock price has roughly reflected negative factors.

Goldman Sachs said that gaming companies will begin the financial reporting season for Macau gaming operators for the second quarter of 2026 at the end of this month. Since the weakening trend in total gaming revenue has been widely reported, the bank believes that investors have generally anticipated a decline in performance. The main concerns may be: the extent of the decline in EBITDA at a time when increased competition raises concerns; and guidance on companies' costs, capital investments, and shareholder returns.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.