智通财经网·2026-01-02 07:48Core Viewpoint - The report from Credit Lyonnais indicates that Macau's gaming revenue in December increased by 14.8% year-on-year to MOP 20.89 billion, aligning with the bank's forecast but falling short of market expectations by 3% [1] Group 1: December Gaming Revenue - Macau's gaming revenue for December reached MOP 20.89 billion, reflecting a year-on-year growth of 14.8% [1] - The average daily gaming revenue for the last ten days of December was MOP 624 million, compared to MOP 698 million for the first 21 days of the month [1] - Despite potential negative investor sentiment regarding the data, the bank remains optimistic that the continued appreciation of the RMB against the USD will support gaming revenue performance [1] Group 2: January and Future Projections - For January, the bank forecasts a year-on-year increase in Macau's gaming revenue of 18% to MOP 21.48 billion, exceeding market expectations by 3% [1] - The bank maintains its preference for stocks in Galaxy Entertainment (00027) and MGM China (02282) [1] - The bank anticipates that total gaming revenue in Macau will grow by 5% year-on-year by 2026, slightly below the market's expected growth of 5.5%, implying an average daily gaming revenue of MOP 709 million [1]