Lyon: Expect Macau gaming revenue in April to increase by 11% year-on-year to MOP 20.9 billion, with Galaxy Entertainment and Melco China as the top choices

SadMoneyMeow · 2026-04-07T00:44:50+00:00

Lyon research report shows that Macau's gaming revenue reached MOP 22.6 billion in March this year, up 15% year-on-year, with a daily average of MOP 778 million, higher than the previous 10%. Revenue is expected to grow by 11% in April to MOP 20.9 billion. Recommended stocks are Galaxy Entertainment and Melco China, both rated as "Outperform the Market."

SadMoneyMeow

2026-04-07 00:44:50

Abstract generation in progress

Lyon released a research report stating that in March this year, Macau’s total gross gaming revenue was 22.6 billion Macau patacas, up 15% year over year. It was 4% to 5% higher than the market and the bank’s forecasts, implying that the average daily gaming revenue for the past week (March 23 to 31) was 778 million Macau patacas, higher than the average daily gaming revenue for the first 22 days of March by 10%. The bank said that although this may be due to a win rate higher than usual, gaming demand remains steady despite recent tensions in the geopolitical situation.

The bank expects Macau’s total gross gaming revenue in April to grow 11% year over year to 20.9 billion Macau patacas, in line with market expectations. It also prefers Galaxy Entertainment (00027) and MGM China (02282), both rated “Outperform,” with target prices of HK$49.5 and HK$20.9, respectively.

(Editor: Wang Zhiqiang HF013)

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