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<Research>Macquarie Expects Macau's GGR to Hike 9% YoY This Yr
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According to a report from Macquarie citing third-party data forecasts, Macau's GGR last week fell 2% WoW to MOP614 million due to a seasonal slowdown. Macquarie predicted January's GGR to reach MOP18.5-19.5 billion, representing 74-78% of the same period in 2019. It also anticipated Macau's GGR to leap 9% YoY to MOP244 billion this year. Stock | Investment Rating | Target Price GALAXY ENT (00027.HK) | Outperform | $48.8 SANDS CHINA LTD (01928.HK) | Outperform | $25.3 MGM CHINA (02282.HK) | Outperform | $17.4 WYNN MACAU (01128.HK) | Outperform | $8.6 Melco resorts (MLCO.US) | Outperform | US$10 SJM HOLDINGS (00880.HK) | Neutral | $2.6 AAStocks Financial News |
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