2024 Annual Report
Is It Time To Consider Buying Wynn Macau, Limited (HKG:1128)?
Hong Kong stocks are moving | Macau Casino stocks are rising, MGM CHINA (02282) has increased by over 5%. Macquarie predicts that the Easter period will drive April's gaming revenue close to March levels.
Macau Casino stocks rose collectively in the morning. As of the time of writing, MGM CHINA (02282) is up 5.58%, at 10.02 HKD; MELCO INT'L DEV (00200) is up 4.39%, at 3.57 HKD; Sands China (01928) is up 3.96%, at 13.66 HKD.
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Hong Kong stocks have shown unusual movements | Macau Casino stocks continue to decline, MELCO INT'L DEV (00200) fell over 3%, and Morgan Stanley pointed out the short-term downside risks for Macau Casino stocks.
Macau Casino stocks continue to decline. As of the time of writing, MELCO INT'L DEV (00200) is down 3.44% at 3.37 HKD; Sands China (01928) has dropped 2.74% to 12.8 HKD.
Macau Casino stocks are generally weak; GALAXY ENT (00027) dropped by 3.21%. The Macao policy report indicates that the recovery of gambling is slowing down.
King Wu Finance | Macau Casino stocks are generally weak, GALAXY ENT (00027) fell by 3.21%, Sands China (01928) fell by 1.94%, MELCO INT'L DEV (00200) fell by 1.40%, SJM HOLDINGS (00880) fell by 0.93%, MGM CHINA (02282) fell by 0.83%, WYNN MACAU (01128) fell by 0.80%. The Chief Executive of Macau, Ho Iat Seng, pointed out in his first policy report during his tenure that the post-pandemic recovery momentum of the tourism and gambling industry is gradually slowing down, and this year's fiscal revenue may not be as optimistic as expected, with some new larger expenditures not included in the announced fiscal budget.
The Chief Executive of Macau, Ho Iat Seng, has presented the first policy address during his term, showcasing greater achievements in moderately diversified economic development.
Cen Haohui mentioned increasing efforts in attracting investment, deepening connectivity with Aoqin, promoting the "single license vehicle" from Hongqin northward, expanding government and public service guarantees, and creating an environment similar to that of Macau.
Macau Casino stocks fell broadly. Sands China (01928) dropped 3.29%. The University of Macau expects the tariff war to indirectly affect consumer spending by visitors to Macau.
Jin Wu Financial News | Macau Casino stocks fell broadly, with SANDS CHINA (01928) dropping 3.29%, MELCO INT'L DEV (00200) falling 2.78%, SJM HOLDINGS (00880) decreasing by 2.29%, MGM CHINA (02282) down 2.13%, and WYNN MACAU (01128) lower by 1.41%. According to reports from Macau Radio, the Macau Research Center and the Department of Economics of the University of Macau published a revised forecast for the macroeconomy in 2025, lowering the baseline growth rate of this year's local GDP in Macau from over 7% to 6.8%, primarily considering the potential impact of USA tariff policies.
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Hong Kong stocks movement | Macau Casino stocks rebound today, MELCO INT'L DEV (00200) rises over 5%. Morgan Stanley expects Macau's gaming revenue to grow by 2% in April.
Macau Casino stocks rebounded today. As of the time of writing, MELCO INT'L DEV (00200) rose by 5.57% to HKD 3.6; WYNN MACAU (01128) increased by 5.47% to HKD 5.01; GALAXY ENT (00027) went up by 4.89% to HKD 26.8; Sands China (01928) climbed by 4.47% to HKD 13.54.
Hong Kong stocks have shown unusual movements | Macau Casino stocks lead in decline, Sands China (01928) fell over 7%. HSBC stated that the rise in travelers has not been able to boost Macau's gaming revenue.
The Macau Casino stocks are among the biggest decliners. As of the time of writing, Sands China (01928) has dropped 7.09%, priced at HKD 12.32; GALAXY ENT (00027) has decreased by 5.93%, priced at HKD 24.6; MGM CHINA (02282) is down 5.02%, priced at HKD 8.89; and WYNN MACAU (01128) has fallen 4.76%, priced at HKD 4.6.
WYNN MACAU (01128.HK) saw a Shareholding reduction of 0.8548 million shares by LUVISUTTO Frederic, Jean-Luc.
On April 7, Glonghui reported that according to the latest equity disclosure information from the Stock Exchange, on April 1, 2025, WYNN MACAU (01128.HK) was reduced by LUVISUTTO Frederic, Jean-Luc in the market at an average price of HKD 5.6359 per share, selling 0.8548 million shares, involving about HKD 4.8176 million. After the shareholding reduction, LUVISUTTO Frederic, Jean-Luc's latest shareholding is 9,730,055 shares, with the shareholding ratio decreasing from 0.20% to 0.19%.
Macau Gaming Revenue Inches Up in March
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Express News | Macau Says March Gambling Revenue up 0.8 Pct From a Year Earlier to 19.7 Bln Patacas
Wynn Macau Grants Employee Awards to Boost Engagement
WYNN MACAU (01128) granted a total of 1.2145 million shares as incentive shares.
WYNN MACAU (01128) announced that on March 31, 2025, the company will implement its employee share ownership plan...