Glonghui, January 16 | Jefferies published a rating report saying that in the week ending January 14, Macau's average daily gambling revenue was 600 million patacas, down from 629 million patacas in the first 7 days of January, mainly affected by the number of visitors on New Year's Day, which hit a new high after the epidemic. The average gambling revenue from this month to today is MOP 614 million, which is still higher than the average gambling revenue for each month of 2023 (excluding October, which was driven by Golden Week, the average daily gambling revenue reached MOP 629 million). The bank slightly raised its January gambling revenue forecast to MOP 17.8 billion to MOP 18.6 billion, reflecting a relatively high level of gambling revenue last week. The average daily gambling revenue for the rest of January is expected to drop to MOP 540 million to MOP 590 million, which remains unchanged. According to the bank, the current negative factors are still concentrated on macroeconomic growth, weak real estate market and consumption power, which have had a negative impact on overseas travel. The bank also anticipates that Ao Gaming shares will maintain range fluctuations, preferring GEG and Sands China.
大行评级|富瑞:预计濠赌股将维持区间波动 偏好银娱及金沙中国
Big Bank Ratings | Jefferies: It is expected that Hao Gaming stocks will maintain range fluctuations, preferring GEG and Sands China
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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