Goldman Sachs issued a research report indicating that Macau's gaming industry is expected to improve as factors negatively impacting gross gaming revenue (GGR), such as a high comparison base and the diversion effect from the World Cup, diminish. Despite a 12% year-over-year decline in June GGR, which reached 78% of pre-pandemic levels, the broker maintained a 'Buy' rating on several Macau gaming stocks, including GALAXY ENT, MGM CHINA, and SANDS CHINA LTD.
