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<Research>M Stanley: MO Jun GGR Beats; Jul GGR Estimated at MOP20.4B
Macau's GGR for June increased by 19% YoY to MOP21.1 billion, 9% above the expectations of Morgan Stanley and Hong Kong peers' analysts, according to Morgan Stanley's r...
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<Research>M Stanley: MO Jun GGR Beats; Jul GGR Estimated at MOP20.4B
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Macau's GGR for June increased by 19% YoY to MOP21.1 billion, 9% above the expectations of Morgan Stanley and Hong Kong peers' analysts, according to Morgan Stanley's research report. This is believed to be driven by the low base in the same period of 2024 and a series of Jacky Cheung concerts.

Morgan Stanley expected Macau's July GGR to reach MOP20.4 billion, up 10% YoY, and 2025 GGR to reach MOP238 billion, up 5% YoY. The broker preferred MGM CHINA (02282.HK)  +0.300 (+2.149%)    Short selling $7.83M; Ratio 3.400%   and Melco Resorts & Entertainment (MLCO.US)      , and projected GALAXY ENT (00027.HK)  +0.150 (+0.405%)    Short selling $78.19M; Ratio 15.652%   and SANDS CHINA LTD (01928.HK)  -0.140 (-0.787%)    Short selling $116.42M; Ratio 26.801%   to post strong EBITDA QoQ growth.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsM Stanley Envisions MGM CHINA to Have 80%+ Chance of Outpacing Mkt in Next 60 Days, Rating Overweight

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