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大行评级|里昂:将澳门今年赌收预测上调4%至303亿美元 首选美高梅中国及金沙中国

Bank Ratings | Lyon: Raising Macau's gambling revenue forecast by 4% to US$30.3 billion, MGM China and Sands China are preferred

Gelonghui Finance ·  Apr 8 10:42
Glonghui, April 8 | Lyon published a report saying that Macau's gaming industry continued to develop this year, with good performance in visitor numbers and gambling revenue. MGM China and Wynn Macau have also resumed dividend payments. The bank raised Macau's gambling revenue forecast by 4% to US$30.3 billion, and maintained its forecast for next year's gambling revenue of US$31.9 billion, but lowered its Ebitda forecast for today and next two years by 1% to 3%. The bank expects this year's industry Ebitda to be 8% lower than the 2019 level, but next year it will only be 1% lower than the 2019 level. The bank said that with the gradual normalization of Macau, it is optimistic about stocks with a stable balance sheet and frequent free cash flow. MGM China and Sands China are preferred, and both have a “buy” rating.

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