Macau gaming stocks continued their upward trajectory, with Melco International Development (00200) rising 6.32% to HK$4.54 at the time of writing. Wynn Macau (01128) gained 4.28%, trading at HK$6.09, while Galaxy Entertainment (00027) advanced 4.11% to HK$42.08. MGM China (02282) saw an increase of 1.26%, reaching HK$12.85. The rally was supported by data from the Gaming Inspection and Coordination Bureau of Macau, which showed January's gross gaming revenue reached MOP 22.633 billion, marking a 24% year-on-year increase and an 8.4% rise from the previous month. A Morgan Stanley research report highlighted that Macau's gross gaming revenue for January surpassed market expectations. With the entire 8-day Lunar New Year holiday falling in February, the month is anticipated to receive an additional growth boost, with revenue estimated to grow 22% year-on-year. CICC projects that the gross gaming revenue for February 2026 will be in the range of MOP 21.0 to 22.4 billion, translating to a daily revenue of MOP 750 to 800 million.