UBS: Macau's Average Daily Gaming Revenue Slows to MOP643M Over Past Seven Days; Top Picks Include GALAXY ENT (00027), MGM CHINA (02282), and WYNN MACAU (01128)

Stock News11-25

According to channel checks, Macau's average daily gaming revenue over the past seven days was approximately MOP643 million, down from MOP671 million in the previous seven-day period, partly due to lower VIP room win rates. So far this month, the average daily gaming revenue stands at around MOP678 million, representing a 13% month-on-month decline but a 10% year-on-year increase. Based on market expectations for November's average daily gaming revenue of MOP673 million, the remaining seven days of the month would require an average of MOP656 million per day. UBS highlighted GALAXY ENT (00027), MGM CHINA (02282), and WYNN MACAU (01128) as its top picks in the Macau gaming sector, maintaining a "Buy" rating on all three stocks.

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