---
title: "Morgan Stanley expects Macau's December gambling revenue to grow by 22% and is optimistic about MGM CHINA"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/268176183.md"
description: "Morgan Stanley released a report stating that Macau's gaming revenue in November was MOP 21.1 billion, a year-on-year increase of 14%, exceeding market expectations. It is expected that gaming revenue in December will grow by 22%, with overall gaming revenue in the fourth quarter increasing by 17% year-on-year and 8% quarter-on-quarter. Morgan Stanley is optimistic about MGM CHINA, giving it an \"Overweight\" rating, believing that its market share increase is beneficial for the entire sector"
datetime: "2025-12-02T02:34:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/268176183.md)
  - [en](https://longbridge.com/en/news/268176183.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/268176183.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/268176183.md) | [繁體中文](https://longbridge.com/zh-HK/news/268176183.md)


# Morgan Stanley expects Macau's December gambling revenue to grow by 22% and is optimistic about MGM CHINA

Morgan Stanley released a report stating that Macau's gaming revenue in November was MOP 21.1 billion, a year-on-year increase of 14%, better than the market expectation of a 10.5% increase.

The bank predicts that Macau's gaming revenue in December will grow by 22%, which means that the overall gaming revenue for the fourth quarter will increase by 17% year-on-year and 8% quarter-on-quarter. In comparison, the year-on-year growth rate for the second quarter was 8%, and for the third quarter, it was 12.5%, indicating a significant acceleration in growth momentum. There is a high possibility of upward adjustments to the profit forecasts for gaming stocks.

The report noted that since May, Macau gaming stocks have recorded significant upside due to positive earnings forecast revisions and valuation recovery. In terms of stock selection, the bank has rated MGM CHINA (02282.HK) as "Overweight," as the company's market share increased in October, which the bank believes is beneficial for the entire sector

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- [MGM CHINA (02282.HK)](https://longbridge.com/en/quote/02282.HK.md)

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