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HSBC Downgrades Melco Crown, SJM; Says Prefers MGM China, Galaxy
Wednesday, April 20, 2016 - 10:49am | 378Read More...The decline in the Gross Gaming Revenues, or GGR, of Macau gaming companies ended in 1Q16, with the segment recording growth in both VIP and mass. Over the same period, shares of Macau gaming companies rallied 43 percent, from their bottom in January 2016. HSBC’s Scott Chan noted that the...

