On July 10th, Glorious Finance reported that JPMorgan's research report pointed out that the casino revenue in Macau recorded 3.85 billion Macau dollars in the first seven days of July, or a daily revenue of 0.55 billion Macau dollars. This means that the revenue last week was 7% lower than the daily average of 0.59 billion yuan in June, and 11% lower than the daily revenue of 0.62 billion Macau dollars in the previous quarter. The revenue was disappointing, although it can be attributed to the European Cup, because major related sports events usually shift the demand for gambling. In addition, the bank also believes that it is still too early to draw conclusions, but if the crackdown on illegal money changers intensifies and affects the recent demand to some extent, the bank is closely monitoring this situation. JPMorgan also pointed out that both from historical data or absolute value, the valuation of Macau casino stocks is not high, especially considering that compared with most other consumer or leisure-related industries in the mainland, the market consensus risks are relatively limited. The bank's preference for Macau casino stocks remains unchanged, with MGM China, Wynn Macau, Sands China, Silver Heritage, Melco, and Galaxy Entertainment Group in order.