Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>CLSA Expects 2025 MO GGR to Grow by 2%; Top Picks GALAXY ENT/ SANDS CHINA LTD
Recommend 25 Positive 58 Negative 18 |
||||
|
||||
|
Macau's GGR growth remained very modest, but competition is intensifying, according to a research report released by CLSA. Excluding seasonality, since the beginning of 2024, Macau's daily GGR ranged between MOP600 million and MOP650 million. CLSA maintained its forecast for Macau's GGR, expecting a 2% GGR growth this year and a 10% increase next year. Due to an unfavorable shift in the overall profit mix, the broker lowered its 2025 industry EBITDA forecast by 0.4%, and reduced its 2026-2027 forecasts by 2%. CLSA continued to prefer GALAXY ENT (00027.HK) and SANDS CHINA LTD (01928.HK) as its top picks. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
