Citigroup lowers gambling revenue forecast to MOP 20 billion, casino stocks generally decline, Sands China falls 2.5%

AASTOCKS
2026.02.20 06:42

The stock prices of gambling stocks generally fell, among which Sands China (01928.HK) opened flat today, hitting a low of HKD 18.42, currently reported at HKD 18.53, down 2.47%, with a trading volume of 6.7163 million shares, involving HKD 125 million.

Galaxy Entertainment (00027.HK) is currently reported at HKD 42.58, down 1.16%, with a trading volume of 3.5145 million shares, involving HKD 150 million. MGM China (02282.HK) is currently reported at HKD 13.53, down 1.46%, with a trading volume of 2.7492 million shares, involving HKD 37.1195 million. SJM Holdings (00880.HK) is currently reported at HKD 2.41, down 1.23%, with a trading volume of 2.1456 million shares, involving HKD 5.1595 million. Wynn Macau (01128.HK) is currently reported at HKD 5.92, down 0.34%, with a trading volume of 2.4903 million shares, involving HKD 14.6782 million.

Citi cited industry data indicating that Macau's gaming revenue is expected to further slow down due to seasonal factors, with last week's average daily gaming revenue forecast at HKD 543 million. Citi's latest research report has revised the February gaming revenue forecast from HKD 20.5 billion to HKD 20 billion, with a year-on-year increase of about 1%