Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>UBS Expects MO Gaming EBITDA to Rise 10% YoY to USD2.1B in 1Q
Recommend 13 Positive 25 Negative 7 |
||||
|
||||
|
Macau's GGR was flat QoQ and mounted 14% YoY in 1Q at USD8.14 billion, UBS said in its research report. The broker believed this was driven by a 1% QoQ and 13% YoY growth in Mass GGR, as well as a 6% QoQ decline but 23% YoY hike in VIP GGR. UBS estimated that the Mass share of SANDS CHINA LTD (01928.HK), WYNN MACAU (01128.HK) and Melco Resorts & Entertainment (MLCO.US) elevated QoQ in 1Q, while SJM HOLDINGS (00880.HK), MGM CHINA (02282.HK) and GALAXY ENT (00027.HK) recorded market share losses. In the absence of one-off opex headwinds in 1Q26 compared with 4Q25, paired with a shift toward the Mass segment, UBS expected Macau's gaming EBITDA to add 4% QoQ and 10% YoY in 1Q to USD2.1 billion. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
