Ge Long Hui·2026-02-26 03:13Group 1 - The core viewpoint of the article indicates a collective decline in Hong Kong gaming stocks, with specific companies like Melco International Development dropping nearly 5% and Galaxy Entertainment nearly 4% [1] - UBS's research report highlights that the average daily gaming revenue in Macau during the Chinese New Year holiday (February 16 to 22) was approximately 786 million MOP, which is below market expectations of around 900 million to 950 million MOP [1] - Due to weaker-than-expected trends before the Lunar New Year, Citigroup has revised its February gaming revenue forecast from 20 billion MOP to 19.5 billion MOP, representing a year-on-year decline of 1% [1] Group 2 - Citigroup's revised forecast implies an average daily gaming revenue of about 867 million MOP for the remainder of the month, while the total gaming revenue forecast for January and February combined (excluding the differing Lunar New Year dates) is now set at 42.1 billion MOP, reflecting an 11% year-on-year growth [1] - JPMorgan notes that the gaming revenue in Macau for February is mixed, leading to slight adjustments in their monthly predictions [1] - The stock performance of major gaming companies is as follows: Melco International Development at 4.380 (-4.78%), Galaxy Entertainment at 41.640 (-3.79%), Sands China at 17.570 (-1.95%), Wynn Macau at 5.770 (-1.20%), and MGM China at 12.770 (-0.70%) [1]