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<Research>Jefferies Selects GALAXY ENT as Top Pick; MO Weekly GGR Starts 2026 Strongly
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Macau's average daily GGR for the first four days of 2026 grew by 36% YoY to MOP800 million, according to a report from Jefferies. This excellent performance was a result of the overlap of the holiday period with an extended long weekend and the low base from the same period last year.

Jefferies expects the vibrant momentum to continue and remains optimistic about the Macau gaming market outperforming the US market. Its top picks in the US market are Wynn Resorts (WYNN.US) and Las Vegas Sands Corp. (LVS.US), while in the Hong Kong market, it is GALAXY ENT (00027.HK).

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