On December 2, Gelonghui reported that the Hong Kong stock market saw a collective rise in gambling stocks, with sjm holdings and Sands China increasing by over 4%, melco int'l dev, wynn macau, and mgm china rising by over 3%, and galaxy ent increasing by nearly 3%. The Macao Gaming Inspection and Coordination Bureau announced on December 1 that the gaming revenue for November 2024 is expected to be 18.438 billion Macanese patacas (compared to 22.877 billion Macanese patacas in November 2019), representing a year-on-year increase of 14.9%, higher than the market expectation of 13%; however, it is a decrease of 11.3% compared to the previous month. From January to November, the gross gaming revenue reached 208.58 billion Macanese patacas, up 26.8% year-on-year. (Gelonghui)
港股异动丨澳门11月博彩收入胜预期,濠赌股集体走强,金沙中国涨超4%
Hong Kong stocks move abnormally|Macau's November gambling revenue exceeds expectations, Macau gambling stocks collectively strengthened, Sands China rose more than 4%.
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