Hong Kong Stock Anomaly | Macau Gambling Stocks Fall Collectively, Macau Gambling Revenue During Spring Festival Holiday Below Expectations, Galaxy Adjusts February Revenue Forecast

NightAirdropper · 2026-02-27T04:30:45+00:00

Hong Kong stocks of gaming and gambling companies collectively declined, with Melco International Development falling nearly 5%. A UBS report shows that during the Spring Festival, Macau's daily gambling revenue was below expectations, leading to a downward revision of the February gaming revenue forecast to 19.5 billion yuan. JPMorgan believes that February's gambling revenue performance was mixed.

NightAirdropper

2026-02-27 04:30:45

Abstract generation in progress

Hong Kong gambling stocks fell across the board, with New World International Development dropping nearly 5%, Galaxy Entertainment down nearly 4%, Sands China down 2%, Wynn Macau and MGM China also declining.

According to a UBS research report, based on channel surveys, during the Lunar New Year holiday (February 16-22), Macau’s average daily gambling revenue was about 786 million MOP, below market forecasts of approximately 900 million to 950 million MOP per day.

Due to weaker-than-expected trends before the Lunar New Year, Citigroup lowered its February gaming revenue forecast from 20 billion to 19.5 billion yuan, a 1% year-on-year decrease, implying an average daily gaming revenue of about 86.7 million yuan for the rest of the month. The bank’s forecast for total gaming revenue from January to February (excluding the different Lunar New Year dates this year and last year) is now 42.1 billion yuan, an 11% increase year-on-year. Morgan Stanley noted that Macau’s gambling revenue in February was mixed, leading to a slight adjustment to the full-month forecast. (Gelonghui)

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