UBS: Predicts that the average daily gambling revenue in Macau for the rest of this month will be close to 6.5 billion Macau patacas.

UBS releases research report stating that based on industry data, Macau's average daily gaming revenue in the past week reached around 671 million Macau dollars, lower than the approximately 711 million Macau dollars in the previous nine days. This is believed to be influenced by the Macau Grand Prix held from November 13 to 16. The average daily gaming revenue from the beginning of the month to date is approximately 694 million Macau dollars, a decrease of about 11% compared to the previous period, consistent with seasonal trends from 2015 to 2019. In terms of segmented markets, the middle market's average daily gaming revenue has dropped by about 8% to 10% since the beginning of the month, VIP room turnover has decreased by about 6% to 8%, and the VIP room win rate is around 3.3% to 3.5%. UBS stated that based on the market's general prediction of November's average daily gaming revenue being around 673 million Macau dollars, it is expected that the remaining days of the month will reach around 649 million Macau dollars in average daily gaming revenue. The bank's top stock picks currently include GALAXY ENT (00027), MGM CHINA (02282), and WYNN MACAU (01128), all rated as "buy" with target prices of 46.9 Hong Kong dollars, 19.8 Hong Kong dollars, and 8.4 Hong Kong dollars respectively.