- Excitement is building in Macau for the Golden Week holiday. A channel check by Deutsche Bank indicated strong booking trends ahead of the holiday which runs from October 1 to October 8.
- Investors hope the bookings translate into more casino traffic as several new resorts host their first Golden Week and look to bounce back from the typhoon lull.
- Keep an eye on MGM Resorts (NYSE:MGM), Las Vegas Sands (NYSE:LVS), Wynn Resorts (NASDAQ:WYNN), Melco Resorts & Entertainment (NASDAQ:MLCO) and Galaxy Entertainment (OTCPK:GXYEF) to see if their recent uptrend continues into Golden Week.
- Related ETF: BJK.
Macau looks for Golden Week pop
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Symbol | Last Price | % Chg |
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MGM | - | - |
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