大行評級|瑞銀:對澳門博彩股看法仍正面 料5月份賭收可達2019年水平的115%至120%
瑞銀髮表報吿指出,對澳門博彩股看法仍正面,澳門首季賭收好過預期,有關優勢持續至第二季。該行料5月份澳門賭收可達2019年水平的115%至120%,高於首季的112%。該行認為,內地最近新增個人遊城市可推動賭收增長,另預期隨着個人遊城市飛往港澳的航班運力增加(今年第三季連續增長三成)下,博彩業將進一步滲透。該行估計下半年個人遊城市將佔澳門航班總運力的4.6%,高於次季的4%。
雖然該行對澳門博彩業今年的EBITDA預測維持不變(達2019年的89%水平),但將今年中場賭收預測上調至達2019年的113%水平,貴賓廳收入預測維持達2019年24%水平。此外,該行將今年非博彩收入預測下調5%,達2019年水平的114%,另對2025年及2026年賭收預測維持按年增長5%不變。
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