《大行報告》大和料澳門政府將收緊賭廳監管 但關注濠賭股或已超賣
太陽城集團(1383.HK)行政總裁周焯華疑在中國境內違法經營博彩相關業務被澳門司警拘捕,大和發表研究報告指出,相信事件為澳門政府收緊賭廳監管政策的延續,估計對行業賭收及EBITDA的影響很小,而澳門司警發言人指周焯華被捕並非來自中國政府的行動,如屬實,該行質疑今日(30日)濠賭股股價跌5至10%是否為市場的過度反應,濠賭股或已超賣,建議趁股價調整可視為買入的機會,當中首選銀娛(00027.HK)及金沙中國(01928.HK)。
該行認為,對世上最大的中介人的調查、取證及起訴,可能為澳門政府提供一個合適的機會制定綜合法律,以監管及控制2022年6月後的賭場運營商及中介人業務的經營權。另預期當局將收緊對中介人的牌照許可。即使太陽城倒閉,該行預期對行業2022財年EBITDA影響小於3%。
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