MCO 3.0 and its impact on Magnum ticket sales


RHB Research viewed the disruption in ticket sales during MCO 3.0 as short-term hurdles, especially with the rollout of the vaccines.

PETALING JAYA: The movement control order (MCO) 3.0 is expected to slow down ticket sales for Magnum Bhd even though its outlets remain open as punters may exercise caution and avoid crowded places.

Some punters may buy from illegal operators due to the ease of transaction, and this may chip off some revenue from the legal number forecast operators (NFOs), said RHB Research.

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