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<Research>UBS Still Positive on MO Gaming Industry as MTD GGR Tracks Stable
Recommend 25 Positive 48 Negative 23 |
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According to UBS' channel checks, Macau's average daily GGR over the past seven days was around MOP621 million, marking a decrease from the high base of the previous nine days, the broker noted in its research report. Macau's MTD average daily GGR was about MOP631 million, down around 10% MoM, which the broker considered stable and consistent with the seasonal performance in 2015-19. UBS maintained a positive outlook on the industry and named SANDS CHINA LTD (01928.HK) as its top pick. AAStocks Financial News |
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