Seeking Alpha

Macau gambling revenue trends for November look strong

Channel checks from Sterne Agee indicate gambling revenue in November is on a +20% Y/Y pace.

Melco Crown (MPEL +2.3%), Wynn Resorts (WYNN -0.9%), and MGM Resorts (MGM +0.6%) are all trading higher with the positive read from Macau helping to provide a lift.

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