Macau casino revenue is improving, but the U.S. election results have clouded the outlook

Press Room

2 years ago

Melco Resorts & Entertainment Limited (MLCO) Stock, LVS Stock, WYNN Stock

Cityscape view of Grand Lisboa Casino skyscraper building at Macau island, financial business or entertainment district. Drone aerial night view. Asia travel landmark concept — Kindamorphic

Investors have been skittish about the Macau casino sector due to the threat of geopolitical tension rising.

However, Jefferies said the revenue outlook for the sector is improving. Macau’s gaming revenue for the week ending November 17 was higher than from the