【Brokerage Focus】Soochow maintains a "Buy" rating on GALAXY ENT (00027), stating that the performance generally meets expectations.

Jinwu Financial News | Soochow Research Reports indicate that GALAXY ENT (00027) achieved total Gambling revenue of 10.94 billion HKD in Q1 2025, a year-on-year increase of 13.6%, but a quarter-on-quarter decline of 0.8%. Among that, VIP/Mass market (including slot machines) Gambling revenue were 1.98/8.96 billion HKD respectively, with year-on-year increases of 52.3%/7.6%, and quarter-on-quarter changes of 28.5%/decrease of 5.6%. Compared to the overall Gambling Industry in Macau, where VIP/Mass market (including slot machines) Gambling revenue increased by 0.5%/3.3% year-on-year, the company's two major Business sectors showed significant growth, driving the company's VIP/Mass market (including slot machines).

Jinwu Financial News33minutes ago · Ratings

GALAXY ENT (0027.HK) Q1 2025 Report Review: Performance basically meets expectations, and Japeal began trials in early May.

The performance during the May Day Gold week slightly exceeded the Industry, with a rise in market share. In Q1 2025, the company achieved total gaming revenue of 10.94 billion Hong Kong dollars, a year-on-year increase of 13.6%, but a quarter-on-quarter decline of 0.8%. The VIP/mid-game (including slot machines) revenue respectively.

Soochow Securities (International)May 14 00:00

The "Big Banking" HSBC research investment rating and Target Price for Macau gaming stocks (table).

HSBC Research published a report listing the investment ratings and target prices for the gaming stocks as follows: Stock | Investment Rating | Target Price (HKD) GALAXY ENT (00027.HK) | Buy | 41.5 HKD MGM CHINA (02282.HK) | Buy | 14.5 HKD SANDS CHINA LTD (01928.HK) | Hold | 16 HKD SJM HOLDINGS (00880.HK) | Hold | 2.5 HKD WYNN MACAU (01128.HK) | Hold | 6.1 HKD MELCO RESORTS (MLCO.US)

AASTOCKSMay 13 11:46

HSBC Research estimates that Macau's gaming revenue in May will be between 20 billion and 21.2 billion Macanese patacas, remaining Bullish on MGM CHINA and Silver Entertainment.

The HSBC research report states that the Gambling revenue in the Macau Industry for the first eleven days of May was 8.55 billion Macau Patacas, meaning that the daily average revenue over the past six days was 0.575 billion Macau Patacas, which is a 44% week-on-week decline and a 1% year-on-year decrease, believed to be due to the weak seasonal demand following the Golden Week. The report suggests that the US-China statements and policies have eased tensions over tariffs, which may improve Consumer sentiment to some extent. However, if the macroeconomic situation does not improve, Gambling demand could also be affected, particularly the mid-market demand. The report assumes that the average daily revenue for the remaining days of May will range from 0.57 billion to 0.63 billion Macau Patacas, resulting in a total revenue for the month of 20 billion to...

AASTOCKSMay 13 11:45

Mackquarie expects that the performance of Macao gambling stocks will continue to fluctuate with gambling revenue data, with Silver Entertainment (00027.HK) as the top pick.

Macquarie published a research report indicating that industry data shows that as of May 11, the average daily Gambling revenue in Macau recorded approximately 0.575 billion patacas in the past week, representing a year-on-year decline of 1%, reflecting a rapid return to normal levels after the long holiday. The report cites estimates from third-party data providers that the average daily Gambling revenue for the remainder of the month will range from 0.57 billion to 0.63 billion patacas, meaning that the total Gambling revenue forecast for May will reach 20 billion to 21.2 billion patacas, equivalent to a year-on-year decrease of 1% to an increase of 5%. Macquarie stated that Galaxy Entertainment (00027.HK) performed strongly during the May Day Gold Week, while Melco Resorts (MLCO.US) saw.

AASTOCKSMay 13 10:21

Citigroup maintains its forecast for Macau's May gaming revenue at 21 billion Macanese patacas unchanged.

Citigroup published a research report indicating that data from the Industry shows that from May 1 to 11, Macau's gaming revenue may reach approximately 8.55 billion Macanese patacas. This means that the average daily gaming revenue from May 6 to 11 could be around 0.575 billion Macanese patacas, which is a 44% decline compared to the daily revenue of about 1.02 billion Macanese patacas during the May Day Gold holiday. This drop is a typical post-holiday reaction, similar to the situation during the same period last year. During this period, the betting volume in the VIP rooms increased by about 21% to 24% month-on-month, while the revenue from the mass gaming segment also grew by about 22% to 24%. Citigroup expects that Macau will continue to host a series of exciting events such as concerts for the remainder of May, thus maintaining the outlook for May gaming revenue.

AASTOCKSMay 13 09:39