Jefferies analyst Andrew Lee forecast that Macau casino revenue would slow in June, citing seasonal trends and May’s Labour Day boost. He estimated daily casino win could fall to $70.8 million for the rest of May and June, and put May revenue at $2.2 billion to $2.4 billion.
The forecast gives investors and casino operators an analyst view of Macau revenue trends and expected daily win.
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Jefferies analyst David Katz said casino investors should focus on operating efficiency, highlighting earnings per room at Las Vegas Strip operators. Wynn Resorts is expected to generate $180,000 in room-level EBITDA this year, compared with estimated figures of $83,000 for Caesars Entertainment and $77,000 for MGM Resorts International.
Analysts at Truist Securities, J.P. Morgan, Texas Capital Securities and Jefferies issued views on gambling markets and companies in September. J.P. Morgan’s Dan Politzer cited New York Gaming Commission data for the week to 13 September 2026, reporting online sports betting gross gaming revenue down 70% year on year and handle up 11%, with a 2.9% hold. The other notes covered Las Vegas, Inspired Entertainment and Churchill Downs.
Casino companies at the Jefferies Nantucket Consumer Conference on 16–17 June described trading as broadly stable, according to a 18 June investor note by Jefferies analyst David Katz. MGM Resorts cited cash-flow growth, while Boyd Gaming expected leisure-traveller softness alongside strength in regional casinos and Las Vegas locals’ play; Light & Wonder also reported stable revenue trends.
A widely followed gauge of Macau casino shares had climbed almost 60% from its April low by 28 July 2025, as gaming revenue improved. Jefferies analyst Anne Ling said June revenue exceeded expectations and identified Sands and Galaxy Entertainment as her preferred stocks among Macau operators.
Jefferies analyst David Katz lowered forecasts for several gaming companies in an investor note dated 17 April, citing trade uncertainty, uneven economic conditions and market performance. He reduced price targets for six stocks, including Caesars Entertainment from $50 to $36 and Las Vegas Sands from $67 to $53.