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Analyst: Macau looks for strong close to 2024

Analyst: Macau looks for strong close to 2024

According to a December 2 investor note from Jefferies Equity Research, gambling revenues from casinos in Macau “moderately outperformed forecasts.” Numbers from December were expected to be “strong,” fulfilling projections by the Macanese government.“Looking ahead, recently announced [Chinese] stim

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Analyst cautious concerning Las Vegas, more bullish on Macau

Analyst cautious concerning Las Vegas, more bullish on Macau

A Wall Street analyst is “becoming more cautious” about Las Vegas casino earnings due to slowing leisure travel, while looking positively at Macau and Chinese economic-stimulus policies.Chad Beynon, senior analyst for Gaming, Lodging & Theatres at Macquarie, issued the note Friday after the Neva

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