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<Research>UBS Turns More Cautious on Gaming Sector; MO Apr Daily Avg. GGR Beats
Macau's GGR in April was about MOP18.9 billion, an incline of about 2% YoY, but a drop of about 4% MoM, implying an average daily GGR of around MOP629 million, higher than the ...
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<Research>UBS Turns More Cautious on Gaming Sector; MO Apr Daily Avg. GGR Beats
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Macau's GGR in April was about MOP18.9 billion, an incline of about 2% YoY, but a drop of about 4% MoM, implying an average daily GGR of around MOP629 million, higher than the market consensus of MOP610 million, UBS released a research report saying.

For the May Day Golden Week, the Macao Government Tourism Office (MGTO) expected daily visitor arrivals to range from 127,000 to 140,000, up 4-16% YoY, while the market predicted total GGR for the period to be slightly lower than 2024.

Related NewsSJM HOLDINGS 1Q Swings into Profit of $31M
UBS was more cautious on the sector on the tariffs, with GALAXY ENT (00027.HK)  +0.600 (+2.128%)    Short selling $46.77M; Ratio 14.872%   being its top pick.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-02 16:25.)

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