Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Jefferies Expects MO Jan GGR to Grow 19-21% YoY
Recommend 8 Positive 17 Negative 4 |
||||
|
||||
|
For the seven days ended 25 January, Macau's average daily GGR was MOP695 million, marking a YoY growth of 18% and a slight WoW decline of 1%, according to Jefferies' research report. Channel checks show that both mass/ VIP GGR have grown by 6-8% MoM MTD, although the win rate slightly decreased to 2.4-2.7%. Jefferies estimated that the average daily GGR for the remaining days of the month will range between MOP650 million and MOP720 million, implying a total monthly GGR of MOP21.7-22.1 billion, representing a YoY incline of 19-21%. The broker expected that the upcoming 4Q25 results of casinos will rebuild short-term market confidence, and maintained an optimistic outlook for the Lunar New Year (LNY) performance. In terms of stocks, Jefferies continued to favor WYNN MACAU (01128.HK), SANDS CHINA LTD (01928.HK), GALAXY ENT (00027.HK), Las Vegas Sands (LVS.US) and Wynn Resorts (WYNN.US). AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
