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【Macau Gaming Stocks】Galaxy leads at mid-January in Macau, Sands' Londoner re-enters the top three
Macau’s gross gaming revenue in January this year reached 22.633 billion MOP (Macanese Pataca), up 24% year-on-year and 8.4% month-on-month. According to Macau gambling media Macau News, Galaxy Entertainment (00027) reported that its Macau Galaxy Main Floor gross revenue declined 2.3% month-on-month to 3.03 billion MOP, accounting for about 13.4% of Macau’s total gaming revenue, remaining the top performer.
As for Melco Resorts China (02282), its City of Dreams main floor gross revenue was 1.8 billion MOP, an increase of 13.2% month-on-month, with a market share of about 8%, ranking second.
Sands China (01928) recorded a gross revenue of 1.62 billion MOP from its main floor, with a market share of approximately 7.2%, ranking third, marking its return to the top three since September last year.
Macau gambling stocks all declined on Monday (9th). Melco International Development (00200) fell 4.26%; Sands China dropped 4.24%; Galaxy Entertainment and Melco Resorts China declined over 3%; Sands China decreased 2.89%.