---
title: "UBS: Macau Jul GGR In Line; Top Picks SANDS CHINA LTD  and Melco Resorts & Entertainment Limited"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294650249.md"
description: "UBS reports Macau's July GGR at MOP20.3 billion, down 8% YoY but up 9% MoM, aligning with expectations despite World Cup impacts. Daily GGR rebounded in late July. UBS anticipates August daily GGR to rise 11% MoM. The firm names Melco Resorts and Sands China as top 'Buy' picks with target prices of USD10.2 and HKD18.7 respectively."
datetime: "2026-08-03T06:36:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294650249.md)
  - [en](https://longbridge.com/en/news/294650249.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294650249.md)
generator: "portal-rs"
---

# UBS: Macau Jul GGR In Line; Top Picks SANDS CHINA LTD  and Melco Resorts & Entertainment Limited

UBS published a research report stating that Macau's gross gaming revenue in July was approximately MOP20.3 billion, down about 8% YoY and up about 9% MoM, partly affected by the World Cup events held in early July. Average daily GGR during the period was about MOP654 million, up about 6% MoM and broadly in line with market expectations.

UBS said that following the conclusion of the World Cup events, average daily GGR in the last 12 days of July rebounded to about MOP684 million, compared with about MOP634 million in the first 19 days of July. The market expects average daily GGR in August to reach about MOP724 million, up about 1.3% YoY and about 11% MoM. UBS named Melco Resorts & Entertainment Limited (MLCO.US) and SANDS CHINA LTD (01928.HK) -0.320 (-2.174%) Short selling $10.57M; Ratio 14.590% as its top picks, with target prices of USD10.2 and HKD18.7 respectively, and ratings of "Buy". (gc/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-03 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**