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Macau gaming profits pops 22% in March

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Macau gaming jumped 22.2% in March to 25.95B patacas, in accordance with the Gaming Inspection and Coordination Bureau.

The gain topped the consensus estimate of analysts for a 17% rise in GGR.

Macau casino stocks: Wynn Macau (OTCPK:WYNMF, OTCPK:WYNMY, WYNN), Sands China (OTCPK:SCHYY, OTCPK:SCHYF, LVS), MGM China (OTCPK:MCHVF, OTCPK:MCHVY, MGM), Galaxy entertainment (OTCPK:GXYEF), SJM Holdings (OTCPK:SJMHF, OTCPK:SJMHY), Melco motels & enjoyment (NASDAQ:MLCO).

linked ETF: BJK.

SeekingAlpha

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