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大行评级|麦格理:预期澳门12月赌收将达2019年的74至77% 首选银娱及金沙中国

Bank Ratings|Macquarie: Macau's gambling revenue in December is expected to reach 74-77% in 2019, with the first choice between GE and Sands China

Gelonghui Finance ·  Dec 19, 2023 10:49
Glonghui, December 19 | According to a research report published by Macquarie, according to third party data, the average daily gambling revenue of Macau over the past seven days is estimated to be 542 million patacas, which is about 4% higher than the average daily revenue for the first 10 days of December. According to the trend, the bank predicts that the average daily gambling revenue for the rest of this month is between 558 million and 608 million patacas, mainly driven by Christmas and New Year's Eve. It also expects gambling revenue in December to be 16.8 billion to 17.5 billion patacas, reaching 74 to 77% of the 2019 level. Macquarie said that the third phase of the GEG project began on December 13 and has a brand new hotel with 100 rooms. According to the bank's information, the suites in the new hotel will be larger than the other two hotels in the third phase, and the hotel will also be more high-end. The bank believes that this may become a huge attraction for GEG to retain top players. It also believes that, based on the continuous construction of the fourth phase of GEG Entertainment and advanced event venues, GEG Entertainment has a greater ability to attract high-quality midfield customers and increase table revenue. The bank still favors GEG and Sands China among Macau gaming stocks.

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