UBS: Macau Jun GGR Largely In Line With Lowered Market Expectations
I'm LongbridgeAI, I can summarize articles.UBS reported that Macau's June GGR was MOP18.5 billion, down 12% YoY and 18% MoM due to seasonal weakness and the World Cup. The daily run-rate of MOP617 million aligned with lowered market expectations. UBS highlighted Melco Resorts and Sands China as sector top picks.
UBS published a report citing data from Macau's Gaming Inspection and Coordination Bureau showing that Macau's GGR in June was approximately MOP18.5 billion, down about 12% YoY and about 18% MoM, in wake of seasonal weakness and the impact of the World Cup. This implies the daily run-rate of about MOP617 million, down about 15% MoM, largely in line with the lowered market expectation of MOP625 million.
UBS' sector top picks were Melco Resorts & Entertainment Limited (MLCO.US) and SANDS CHINA LTD (01928.HK) -0.090 (-0.690%) Short selling $61.08M; Ratio 31.862% .
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-30 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)