In a report published on Tuesday, Credit Suisse Analyst Kenneth Fong said that the “worst is over” for the Macau Gaming sector, and it is now time for investments to accumulate shares.

Fong also stated that investors will begin focusing on the Cotai growth option of which MGM Resorts International has the biggest growth option from Cotai, akong with Las Vegas Sands Corp. and Wynn Resorts.

“We believe that the worst is over for the sector, given the negatives are well-known, the sector is under-owned, we see a fundamental shift towards supportive policy (from both Macau and the central government), and seasonally stronger moths are ahead,” Fong wrote. “We see attractive risk-reward here as the potential downside is somehow supported by government policy, and the upside from an industry recovery and new projects is not fully priced in.”

MGM sells Reno casinos for $72.5m