The investment bank said current top picks in the industry are Galaxy Entertainment, Wynn Macau and MGM China.
Macau.- Investment bank UBS has raised its forecast for total gaming revenue growth in Macau for this and next year from 8 and 5 per cent to 9 and 6 per cent, respectively. it expects gaming operators’ EBITDA to grow by 6 per cent and 7 per cent.
UBS said that a wide variety of tourism products, increased marketing efforts and a more diversified customer base will support industry growth. It expects premium gaming operators to continue to gain market share, viewing strong potential for Galaxy Entertainment, Wynn Macau and MGM China.
Investment bank CLSA recently upgraded its forecast for Macau’s GGR for 2026 to US$32.3bn, which is above the government’s forecast of MOP236bn (US$29.4bn). Analysts Jeffrey Kiang and Leo Pan predict daily GGR of MOP709m (US$88.5m) per day. They expect Macau GGR for this year to reach US$30.6bn.
The investment bank said current top picks in the industry are Galaxy Entertainment, Wynn Macau and MGM China. Macau.- Investment bank UBS has raised its forecast for total gaming revenue…
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