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麥格理:料澳門黃金週賭收按年跌10%至15%
格隆匯 10-03 16:58

麥格理髮表研究報告,預期澳門10月首六日錄日均賭收約11億澳門元,料較去年10月首七日的日均賭收低出10%至15%。澳門旅遊局預期黃金週訪澳旅客增15%,酒店入住率亦較去年同期高。因應今年有限的新酒店落成,旅客每程開支料推高賭收。

該行指,倘黃金週賭收跌幅接近預測低端的15%,料今年黃金週賭收將回落至2017年水平,而10月整月賭收料按年跌4%至6%,麥格理認為符預期。因應去年黃金週和去年12月基數較高,但去年第四季其餘時間表現都很弱,該行預期10月計最後三週及11月賭收料按年持平至微跌。

該行表示,現時市場預期第四季賭收跌5%,麥格理指,若10月賭收跌5%,11月賭收跌1%,那麼,12月跌幅須少於10%,才會符市場預期。去年12月賭收按年升17%,主因當時貴賓廳復甦及很有利的贏率。報告另指,倘第四季貴賓廳日均賭收按季持平,而中場賭收增長與本年至今態勢相若,也意味着第四季行業賭收將跌5%。

該行又指,因應目前濠賭股估值徘徊近十年低位,投資者氣氛極差,麥格理留意下週中美貿易談判進展,以及10月較後時間舉行的中共第十九屆四中全會,相信會是未來濠賭股表現的主要催化劑。該行稱,行業中第三季市場佔有率表現,依次為美高梅中國(02282.HK) 、新濠博亞娛樂、澳博控股(00880.HK) 、金沙中國(01928.HK)、銀河娛樂(00027.HK)及永利澳門(01128.HK)。

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