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<Research>Macquarie Expects Casinos to Continue Fluctuating w/ GGR Data; Top Pick GALAXY ENT
According to industry data, Macau's average daily GGR for the week ending May 11 was around MOP575 million, down 1% YoY, indicating a rapid return to normal levels after the ho...
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<Research>Macquarie Expects Casinos to Continue Fluctuating w/ GGR Data; Top Pick GALAXY ENT
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According to industry data, Macau's average daily GGR for the week ending May 11 was around MOP575 million, down 1% YoY, indicating a rapid return to normal levels after the holiday period, Macquarie noted in its report.

While GALAXY ENT (00027.HK)  +0.100 (+0.313%)    Short selling $37.56M; Ratio 16.908%   delivered a strong performance during the May Day Golden Week, Melco Resorts & Entertainment (MLCO.US)      maintained growth momentum even after the holidays, said Macquarie. The broker predicted casino stocks to continue fluctuating along with GGR data in the near term.

Related NewsUOB Kay Hian Trims GALAXY ENT (00027.HK) TP to $43, Rating Buy
Macquarie named GALAXY ENT as its top pick, citing its robust property development and ample hotel room inventory. It also forecasted that SANDS CHINA LTD (01928.HK)  +0.080 (+0.501%)    Short selling $30.59M; Ratio 21.314%   will gain more market share in 2Q25. Both stocks were rated as Outperform.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-14 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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