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<Research>UBS: MO Avg. Daily GGR Drops 1% MoM in First 13 Days of Jul
Its channel checks showed that Macau's average daily GGR over the past 7 days amounted to MOP679 million, a decrease from MOP716 million in the previous 6 days, coinciding with...
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<Research>UBS: MO Avg. Daily GGR Drops 1% MoM in First 13 Days of Jul
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Its channel checks showed that Macau's average daily GGR over the past 7 days amounted to MOP679 million, a decrease from MOP716 million in the previous 6 days, coinciding with the end of Jacky Cheung's concerts, according to UBS' research report issued on Monday (14th). This implies that Macau's average daily GGR for the first 13 days of July was MOP696 million, down 1% MoM.

The current stock prices of Macau's casinos are at a projected market value multiple of 10.2x, 0.5SD above the 2-year average, UBS noted. The broker held a 'neutral' view on the industry, and preferred GALAXY ENT (00027.HK)  -0.400 (-1.046%)    Short selling $10.76M; Ratio 14.658%   and MGM CHINA (02282.HK)  +0.020 (+0.127%)    Short selling $1.87M; Ratio 2.002%   .
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-17 12:25.)

Related NewsG Sachs Envisions MO Casinos' 2Q25 Industry EBITDA to Leap 3% QoQ, GALAXY ENT & MGM CHINA to Gain Mkt Shr

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