UBS: It is expected that demand for the Macau gaming industry will remain strong next year. Preferred options include Galaxy Entertainment (00027), Wynn Macau (01128), and MGM China (02282).

UBS released a research report stating that the outlook for the Macau gaming industry next year is positive, with expectations of strong demand, an abundance of tourism products, increased marketing promotion, and a more diversified customer base supporting industry growth. The report is particularly optimistic about high-end demand, raising its forecast for Macau gaming total revenue growth in the next two years from 8% and 5% to 9% and 6%, respectively, and expecting that EBITDA for gaming operators may increase by approximately 1% and 7%. UBS expects the competitive landscape of Macau gaming stocks to remain stable next year, with high-end gaming operators expected to sustainably gain market share. The top picks in the industry currently are GALAXY ENT (00027), WYNN MACAU (01128), and MGM CHINA (02282).