Macau Casino Bulls See Stock Rally Extending as Revenue Grows

Macau casino stocks are poised to continue their recent outperformance as special events and luxury hotel offerings help drive a recovery in gross gaming revenue, sell-side analysts say.

A Bloomberg Intelligence gauge of Macau gaming shares has risen 59% from a low in April, compared with a 31% gain in the Hang Seng Composite Index. That’s come as monthly gaming revenue for the world’s biggest gambling hub beat analyst expectations for each of the past three months.