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<Research>M Stanley Expects MO Gaming Sector GGR to Grow 13% YoY in 1Q26, Favors SANDS CHINA LTD/ WYNN MACAU
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Despite global geopolitical concerns and weak consumption growth in China, Macau's gaming industry continued to show strong revenue growth, Morgan Stanley released a research report saying. It is expected that GGR in 1Q26 will increase by 13% YoY.

The broker was optimistic about the performance of SANDS CHINA LTD (01928.HK) and WYNN MACAU (01128.HK) before the announcement of their 1Q results. Despite high free cash flow and dividend yield, the market is focused on lower earnings expectations.

Related NewsHSBC Research Expects MO Mar GGR to Be Max. MOP22.4B, Keeps Ratings at Buy on SANDS CHINA LTD/ GALAXY ENT/ MGM CHINA

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