BUZZ-Macau gaming shares fall as gov't warns of budget deficit risk

Reuters2025-04-16

BUZZ-Macau gaming shares fall as gov't warns of budget deficit risk

** Macau gaming stocks fall after the enclave government warns the gambling hub could face a budget deficit

** Shares of Melco International 0200.HK lead slide in the sector, falling 3.4% to HK$3.37 in their biggest one-day pct drop since April 7

** Sands China 1928.HK falls 2.7%, Wynn Macau 1128.HK declines 2.2%, MGM China 2282.HK eases 2%

** SJM 0880.H and Galaxy Entertainment 0027.HK slip 1.4% and 0.9% respectively

** Macau's Chief Executive Sam Hou Fai told local legislators that the enclave risks slipping into a budget deficit if gambling revenues in the world's biggest gambling hub drop below 15 bln patacas ($1.88 bln) a month after they fell short of government forecasts in the first quarter

** Macau's first-quarter gaming revenue rose 0.6% year-on-year to 57.7 bln patacas, or 19.2 bln patacas per month, versus the government's full-year forecast of 240 bln patacas, or 20 bln patacas per month

** Beijing and Macau authorities have mandated that the six licensed casino operators Sands China, Wynn Macau, SJM, MGM China, Galaxy, and Melco Resorts MPEL.O diversify their revenue base away from the casino industry

($1 = 7.9900 patacas)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2527287627?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-16 11:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2527287627","market":"us","top_or_hot":-1,"title":"BUZZ-Macau gaming shares fall as gov't warns of budget deficit risk","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Macau gaming shares fall as gov't warns of budget deficit risk</title></head><body><p>** Macau gaming stocks fall after the enclave government warns the gambling hub could face a <span>budget deficit</span></p><p>** Shares of Melco International <span>0200.HK</span> lead slide in the sector, falling 3.4% to HK$3.37 in their biggest one-day pct drop since April 7</p><p>** Sands China <span>1928.HK</span> falls 2.7%, Wynn Macau <span>1128.HK</span> declines 2.2%, MGM China <span>2282.HK</span> eases 2%</p><p>** SJM <span>0880.H</span> and Galaxy Entertainment <span>0027.HK</span> slip 1.4% and 0.9% respectively     </p><p>** Macau's Chief Executive Sam Hou Fai told local legislators that the enclave risks slipping into a <span>budget deficit</span> if gambling revenues in the world's biggest gambling hub drop below 15 bln patacas ($1.88 bln) a month after they fell short of government forecasts in the first quarter</p><p>** Macau's first-quarter gaming revenue rose 0.6% year-on-year to 57.7 bln patacas, or 19.2 bln patacas per month, versus the government's full-year forecast of 240 bln patacas, or 20 bln patacas per month</p><p>** Beijing and Macau authorities have mandated that the six licensed casino operators Sands China, Wynn Macau, SJM, MGM China, Galaxy, and Melco Resorts <span>MPEL.O</span> diversify their revenue base away from the casino industry</p><p>($1 = 7.9900 patacas)</p><p>(Reporting by Donny Kwok)</p><p>((donny.kwok@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Macau gaming shares fall as gov't warns of budget deficit risk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Macau gaming shares fall as gov't warns of budget deficit risk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-04-16 11:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Macau gaming shares fall as gov't warns of budget deficit risk</title></head><body><p>** Macau gaming stocks fall after the enclave government warns the gambling hub could face a <span>budget deficit</span></p><p>** Shares of Melco International <span>0200.HK</span> lead slide in the sector, falling 3.4% to HK$3.37 in their biggest one-day pct drop since April 7</p><p>** Sands China <span>1928.HK</span> falls 2.7%, Wynn Macau <span>1128.HK</span> declines 2.2%, MGM China <span>2282.HK</span> eases 2%</p><p>** SJM <span>0880.H</span> and Galaxy Entertainment <span>0027.HK</span> slip 1.4% and 0.9% respectively     </p><p>** Macau's Chief Executive Sam Hou Fai told local legislators that the enclave risks slipping into a <span>budget deficit</span> if gambling revenues in the world's biggest gambling hub drop below 15 bln patacas ($1.88 bln) a month after they fell short of government forecasts in the first quarter</p><p>** Macau's first-quarter gaming revenue rose 0.6% year-on-year to 57.7 bln patacas, or 19.2 bln patacas per month, versus the government's full-year forecast of 240 bln patacas, or 20 bln patacas per month</p><p>** Beijing and Macau authorities have mandated that the six licensed casino operators Sands China, Wynn Macau, SJM, MGM China, Galaxy, and Melco Resorts <span>MPEL.O</span> diversify their revenue base away from the casino industry</p><p>($1 = 7.9900 patacas)</p><p>(Reporting by Donny Kwok)</p><p>((donny.kwok@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2237443382.USD","symbol_name":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250416:nL1N3QU04B:1","article_id":"2527287627","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527287627","pubTimestamp":1744775965,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Macau gaming shares fall as gov't warns of budget deficit risk** Macau gaming stocks fall after the enclave government warns the gambling hub could face a budget deficit** Shares of Melco International 0200.HK lead slide in the sector, falling 3.4% to HK$3.37 in their biggest one-day pct drop since April 7** Sands China 1928.HK falls 2.7%, Wynn Macau 1128.HK declines 2.2%, MGM China 2282.HK eases 2%** SJM 0880.H and Galaxy Entertainment 0027.HK slip 1.4% and 0.9% respectively     ** Macau's Chief Executive Sam Hou Fai told local legislators that the enclave risks slipping into a budget deficit if gambling revenues in the world's biggest gambling hub drop below 15 bln patacas  a month after they fell short of government forecasts in the first quarter** Macau's first-quarter gaming revenue rose 0.6% year-on-year to 57.7 bln patacas, or 19.2 bln patacas per month, versus the government's full-year forecast of 240 bln patacas, or 20 bln patacas per month** Beijing and Macau authoritie","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU0737861699.HKD":"FIDELITY CHINA FOCUS \"A \" (HKD) ACC","LU0651946864.USD":"贝莱德新兴市场股票收益A2","BK1172":"赌场与赌博","LU0173614495.USD":"富达中国焦点A","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","BK1589":"北水核心资产","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK4588":"碎股","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU0650527681.SGD":"Fidelity China Consumer A-SGD","00880":"澳博控股","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","00027":"银河娱乐","IE00BFXG1179.USD":"BNY MELLON U.S. EQUITY INCOME \"B\" (USD) INC","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4561":"索罗斯持仓","01128":"永利澳门","LU1211504680.USD":"ALLIANZ HIGH DIVIDEND ASIA PACIFIC EQUITY \"AM\" (USD) INC","LVS":"金沙集团","LU0702159699.USD":"FIDELITY ASIAN SMALLER COMPANIES \"A\" (USD) ACC","LU0348783233.USD":"安联东方收入型 CI A Dis美元","00200":"新濠国际发展","LU0348784397.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USD) ACC","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU1282649810.SGD":"Allianz Asian Multi Income Plus Cl AMg DIS H2-SGD","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","LU0149534421.HKD":"SCHRODER ISF HONG KONG EQ \"A\" ACC","BK4526":"热门中概股","MLCO":"新濠博亚娱乐","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4503":"景林资产持仓","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","LU0607220059.USD":"SCHRODER ISF HONG KONG EQUITY \"A\" (USD) ACC","02282":"美高梅中国","LU0228367735.SGD":"Eastspring Investments - Asian Equity Fund AS SGD","LU0417516571.SGD":"Allianz Oriental Income Cl AT Acc SGD","LU0140636845.USD":"施罗德大中华区股票A Acc","LU0163747925.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY A ACC","WYNN":"永利度假村","BK1521":"挪威政府全球养老基金持仓","BK4150":"赌场与赌博","LU0315179316.USD":"EASTSPRING INVESTMENTS ASIAN DYNAMIC \"A\" (USD) ACC","MGM":"美高梅","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","01928":"金沙中国有限公司"},"translate_title":"政府警告预算赤字风险，澳门博彩业股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00027":0.9,"MLCO":0.9,"02282":0.9,"WYNN":0.9,"LVS":0.9,"00200":0.9,"01928":0.9,"MGM":0.9,"00880":0.9,"01128":0.9},"content_text":"BUZZ-Macau gaming shares fall as gov't warns of budget deficit risk** Macau gaming stocks fall after the enclave government warns the gambling hub could face a budget deficit** Shares of Melco International 0200.HK lead slide in the sector, falling 3.4% to HK$3.37 in their biggest one-day pct drop since April 7** Sands China 1928.HK falls 2.7%, Wynn Macau 1128.HK declines 2.2%, MGM China 2282.HK eases 2%** SJM 0880.H and Galaxy Entertainment 0027.HK slip 1.4% and 0.9% respectively     ** Macau's Chief Executive Sam Hou Fai told local legislators that the enclave risks slipping into a budget deficit if gambling revenues in the world's biggest gambling hub drop below 15 bln patacas ($1.88 bln) a month after they fell short of government forecasts in the first quarter** Macau's first-quarter gaming revenue rose 0.6% year-on-year to 57.7 bln patacas, or 19.2 bln patacas per month, versus the government's full-year forecast of 240 bln patacas, or 20 bln patacas per month** Beijing and Macau authorities have mandated that the six licensed casino operators Sands China, Wynn Macau, SJM, MGM China, Galaxy, and Melco Resorts MPEL.O diversify their revenue base away from the casino industry($1 = 7.9900 patacas)(Reporting by Donny Kwok)((donny.kwok@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2527287627","isCrawlerRequest":true}