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<Research>HSBC Research Expects MO GGR to Be MOP20-21.2B in May, Continues to Like MGM CHINA/ GALAXY ENT
Macau's industry GGR for the first 11 days of May was MOP8.55 billion, or a daily average of MOP575 million for the past 6 days, down 44% WoW and 1% YoY, which is believed to b...
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<Research>HSBC Research Expects MO GGR to Be MOP20-21.2B in May, Continues to Like MGM CHINA/ GALAXY ENT
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Macau's industry GGR for the first 11 days of May was MOP8.55 billion, or a daily average of MOP575 million for the past 6 days, down 44% WoW and 1% YoY, which is believed to be due to weak seasonal demand after the Golden Week, HSBC Global Research issued a research report saying.

Assuming that average daily GGR for the rest of May will be between MOP570 million and MOP630 million, full-month GGR should be between MOP20 billion and MOP21.2 billion, a flat performance to 5% YoY growth.

Related NewsCiti: GALAXY ENT (00027.HK) 1Q Results Beat
HSBC Global Research remained positive on MGM CHINA (02282.HK)  -0.120 (-1.071%)    Short selling $2.28M; Ratio 9.461%   's strong return on invested capital, with strong execution and operational efficiency driving more resilient results.

The broker also liked GALAXY ENT (00027.HK)  +0.100 (+0.313%)    Short selling $37.56M; Ratio 16.908%   , believing that the continued expansion of its Phase 3 project and the launch of Capella Macau in mid-2025 will help the Group gain market share.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-14 12:25.)

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