Core Viewpoint - Wynn Macau's stock has seen an increase of nearly 4%, currently trading at HKD 6.54, with a trading volume of HKD 30.22 million. Citigroup has issued a "Buy" rating with a target price of HKD 7.2, reflecting a projected enterprise value to EBITDA (EV/EBITDA) of approximately 7.3 times for 2026 [1]. Group 1: Company Performance - Citigroup is optimistic about Wynn Macau's increasing investment in the high-end mass gaming segment, despite a continuous decline in market share since 2025 [1]. - The completion of the "Chairman's Club" VIP gaming area expansion in the first quarter of next year is expected to positively impact Wynn's market position [1]. Group 2: Market Expectations - The market generally anticipates a year-on-year EBITDA growth of about 7% for Macau gaming operators in the third quarter of this year, while Citigroup forecasts a 17% year-on-year increase for Wynn during the same period [1]. - Wynn Macau has been placed on Citigroup's 30-day upward catalyst watchlist, suggesting potential positive stock price momentum ahead of the company's earnings announcement next month [1].