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《大行》瑞銀上調澳門2025至2027年賭收預測 料今年增長6%
瑞銀發表報告表示,注意到第二季度作為季節性低谷期,澳門遊客人數加速增長,這得益於強勁的演唱會日程安排、自1月起對珠海和橫琴更寬鬆的簽證政策,以及新增的住宿容量(倫敦人名匯和嘉佩樂酒店)。該行認為,新增的房間容量(金沙的倫敦人名匯1,400間客房和高檔嘉佩樂酒店93間套房),以及穩健的活動安排將繼續支撐下半年的增長勢頭。該行預計,受惠於更高的博彩總收入預估帶來的營運槓桿、衛星賭場營運的終止以及競爭強度的穩定,未來行業將實現EBITDA增長和利潤率擴張。 瑞銀將2025年澳門市場總博彩收入預估上調8%,至按年增長6%(或較2019年下降18%),此前為按年下降2%(或較2019年下降24%)。該行將2026年澳門市場總賭收預估上調14%,至按年增長3%(或較2019年下降15%),此前為按年下降3%(或較2019年下降26%)。該行將2027年澳門市場總賭收預估調高14%,至按年增長3%(或較2019年下降13%),此前為按年增長3%(或較2019年下降24%)。
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