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Citibank: Galaxy Entertainment (00027) underperformed in October or was partially affected by win rates, there is no need to overread the list of preferred stocks
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The Zhitong Finance App learned that Citibank released a research report saying that Galaxy Entertainment (00027)'s performance in October was weak or partially adversely affected by the win rate. Investors think there is no need to overinterpret the single data, and continues to rank it as one of the top choices for Hao Gaming stocks.

According to the bank, according to the latest industry data, MGM China (02282) and Sands China (01928) are expected to remain generally stable in October; MLCO.US (MLCO.US)'s gambling closing share in October may have increased 1.5 percentage points month-on-month, Wynn Macau (01128) or 1 percentage point month-on-month, and Aobo Holdings (00880) may fall 0.5 percentage points to 9.5% month-on-month.

Galaxy Entertainment may have lost the largest share of the market. The market share fell from 21.5% in September to 19.5% in October. Galaxy Entertainment management revealed at the results meeting that the performance of the National Day Golden Week was roughly similar to the level of 2025 after the win rate was normalized. According to the bank, Galaxy Entertainment recorded a gambling market share of about 23.5% in October last year, which is a high level after the pandemic.


Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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