Macau Casino Profits Expected to Plunge in Latest Quarter
- Combined Ebitda for six operators about $62 million: survey
- Sharp decline in visitors could affect fourth quarter
Police officers inside the blockaded area around a hotel in Macau on Oct. 4.
Photographer: Cheong Kam Ka/Xinhua/Getty Images
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Macau casino operators are expected to see third quarter profits slump to $62 million in earnings before interest, tax, depreciation and amortization, according to a Bloomberg survey of estimates from eight brokerages.
* Data for Sands China Ltd., Wynn Macau Ltd., Melco Resorts & Entertainment Ltd. and MGM China is property Ebitda, while that of Galaxy Entertainment Group and SJM is company Ebitda.