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<Research>UBS Expects MO Gaming Demand to Remain Strong in 2026; Top Picks Galaxy, Wynn, MGM
Recommend 3 Positive 8 Negative 1 |
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UBS issued a research report with a positive outlook on the Macau gaming industry heading into 2026, expecting demand to remain robust. A wider range of tourism products, amplified marketing efforts, and a more diversified customer base will all bolster industry growth, with a particular focus on premium segments. UBS raised its GGR growth forecasts for Macau for 2025/ 2026 from 8%/ 5% to 9%/ 6% YoY, and anticipated EBITDA growth for gaming operators to be approximately 1% and 7%. The broker expected the competitive landscape of Macau gaming stocks to remain stable in 2026, with premium gaming operators continuing to gain market share. Its current top picks are GALAXY ENT (00027.HK), WYNN MACAU (01128.HK), and MGM CHINA (02282.HK). AASTOCKS Financial News Website: www.aastocks.com |
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