UBS: The market share of MGM China (02282) and Aobo Holdings (00880) rose month-on-month in September, and Galaxy Entertainment (00027) and Wynn Macau (01128) declined

Zhitongcaijing · 2d ago

The Zhitong Finance App learned that UBS released a research report saying that compared with market expectations, Galaxy Entertainment (00027) and MGM China (02282) both had higher market shares than expected, while the performance of Melco Entertainment (MLCO.US) and Wynn Macau (01128) fell short of market expectations.

According to channel data, the market shares of MGM China and Aobo Holdings (00880) increased 150 basis points and 100 basis points, respectively, in September, while market shares in the third quarter increased by 20 basis points and decreased by 80 basis points month-on-month, respectively.

The market shares of Galaxy Entertainment and Wynn Macau declined by 150 basis points and 100 basis points, respectively, in September, while their market shares in the third quarter increased 160 basis points and decreased by 140 basis points month-on-month, respectively. The market shares of Sands China (01928) and Melco Entertainment remained flat month-on-month in September. In the third quarter, their market shares increased by 170 basis points and decreased by 130 basis points month-on-month, respectively.