Macau gaming operator SJM Holdings may only resume dividend payments in 2026, as its top priority remains deleveraging, according to a report from Morgan Stanley.

Wynn Resorts Limited is attracting fresh attention from investors, with Morgan Stanley Research highlighting significant growth potential from the company’s major developments in the...

Morgan Stanley analysts forecast Macau's August 2024 Gross Gaming Revenue (GGR) will reach $2.35 billion, a 1 percent increase month-over-month, lower than the normal seasonal uptick of 3 percent, but a 9 percent yearly jump.

Brokerage Morgan Stanley expects that Macau’s gaming industry property EBITDA will decrease by 4 percent, amounting to US$1.97 billion, from the previous quarter.

The Singapore gaming market has emerged as a shining star in Asia's post-pandemic recovery, outpacing the once-dominant Macau in key performance metrics, according to Praveen Choudhary, Managing Director of Morgan Stanley Asia Limited.

Analysis conducted on 28 hotels across Macau suggests that both Average Daily Rates (ADR) and occupancy rates are anticipated to be notably lower during the upcoming Labor Day holidays when compared to the 2024 Chinese New Year (CNY) holiday and the May Golden Week in 2019.

Morgan Stanley has revised down Sands China’s 2024 EBITDA forecast to $2.4 billion, an 8 percent decrease, due to lower market share this year.

The investment bank Morgan Stanley has lowered Galaxy Entertainment’s earnings forecast due to market share loss.

Macau gaming operators have recorded $1.95 billion of EBITDA for 4Q23, up 8 percent sequentially and 83 percent of 4Q19 levels, says Morgan Stanley.

Morgan Stanley analysts project continued positive consensus revisions for Macau, fueled by increased confidence in the mass GGR this year.