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《大行報告》瑞銀料市場降澳門貴賓廳預期 料濠賭股反應負面
瑞銀發表報告表示,周焯華及其他10人於上周六被澳門當局帶走調查,事件涉及賭廳的犯罪集團、不法經營賭博及清洗黑錢案。該行料市場對澳門博彩股反應負面,但基於市場對貴賓廳部門的預期已經很低,估計基本面影響或屬可控。 該行指,市場對澳門貴賓廳預期可能會降低,就溫州警方調查發現,集團招募中國大陸代理人,以促進跨境賭博和網絡賭博,據警方稱,截至2020年7月,涉事集團在內地擁有199家發展股東級代理商、12,000多家發展博彩發代理商和80,000名戶。 瑞銀指,市場對澳門博彩貴賓廳復甦的預期一直很低,料2023年貴賓廳博彩收益將回到2019年水平的50%左右(EBITDA總額約為5-10%)。相比之下,目前的年貴賓廳博彩收益運行率為2019年水平的約20%。 該行認為,由於擔心新變種病毒Omicron,澳門博彩股上周五已遭到拋售,將要觀察疫情變化。該行預計澳門和香港與大陸接壤的潛在影響是可控的,因為澳門和最近的香港已將其疫情防禦政策與中國內地的政策保持一致,香港與內地放寬「通關」的準備工作似乎仍在繼續進行。
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