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Macquarie estimates that total Gambling revenue in February will be between 18.5 billion and 19.3 billion Macau patacas, with GALAXY ENT (00027) being the industry preferred choice.
Give GALAXY ENT (00027) and SANDS CHINA LTD (01928) a "Outperform the Market" rating, with Target Prices of HKD 48.8 and HKD 25.8 respectively.
Private Companies Account for 36% of Galaxy Entertainment Group Limited's (HKG:27) Ownership, While Institutions Account for 33%
Zhitong Hong Kong Shareholder Equity Disclosure | February 14
Disclosure of Shareholder equity in Hong Kong stocks | February 14th
GALAXY ENT (00027.HK) will hold a Board of Directors meeting on February 27 to approve the annual performance.
Gelonghui, February 13, GALAXY ENT (00027.HK) announced that the Board of Directors will hold a meeting on February 27, 2025, to approve the publication of the annual performance announcement for GALAXY ENT and its subsidiaries for the year ending December 31, 2024, to consider the declaration, proposal or payment of dividends (if any), and to handle any other matters.
GALAXY ENT: Date of Board Meeting
MGM CHINA (02282) rose 4.43%, leading the Macau Casino sector. Morgan Stanley indicates that Macau Casino stocks have been over-corrected.
King Wu Financial News | MGM CHINA (02282) reported a 27.15% year-on-year increase in total revenue, driving the stock price up by 4.43%, leading the Macau Casino sector. Additionally, MELCO INT'L DEV (00200) rose by 3.38%, Sands China (01928) increased by 3.65%, SJM HOLDINGS (00880) went up by 3.43%, GALAXY ENT (00027) added 2.44%, and WYNN MACAU (01128) climbed by 1.95%. JPMorgan stated that it believes the Macau Casino stocks have been excessively corrected (down 12% year-to-date while the Hang Seng Index has risen by 6%), but before the market expectations are fully reset, establish.