Macau Casino Stocks - More Upside ?

Recently, Reuters reports that the revenues in the world's biggest casino hub of Macau jumped nearly 30 percent in June, posting an 11-month winning streak, as demand from high-roller VIPs accelerated despite a corruption crackdown.

Monthly gambling revenue in the Chinese special administrative region rose 25.9 percent to 20 billion patacas ($2.49 billion) and analysts were expecting growth of 23 percent to 33 percent.

Related post, Macau casinos post 11th month of gains on VIP resurgence

Daily chart of Wynn Macau Ltd (HKSE : 1128)

Daily chart of Melco International Development Ltd (HKSE : 0200)

Daily chart of MGM China Holdings Ltd (HKSE : 2282)

Daily chart of Sands China Ltd (HKSE : 1928)

Daily chart of SJM Holdings Ltd (HKSE : 0880)

Daily chart of Galaxy Entertainment Group (HKSE : 0027)

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 Source : 
1) Metastock
2) www.reuters.com