摩根大通发表报告指出，澳门12月博彩收入较市场预期的185亿至188亿澳门元略低，意味着恢复至疫情前的80%水平，全年恢复至77%水平。高盛发表报告指，维持预期今年澳门博彩毛收同比升8%，基于通胀及竞争带来的成本拖累减少，更多增量收入增长将转化为EBITDA，料今年行业EBITDA升11%。In the afternoon, Macau Casino stocks fell further. As of the time of reporting, Sands China (01928) fell by 4.07% to 20.05 HKD; GALAXY ENT (00027) dropped by 2.88% to 32.05 HKD; SJM HOLDINGS (00880) decreased by 1.86% to 2.64 HKD; MELCO INT'L DEV (00200) declined by 1.79% to 4.38 HKD.
According to Zhitong Finance APP, the Macau Casino stocks fell further in the afternoon. As of the time of publication, Sands China (01928) dropped 4.07%, trading at 20.05 Hong Kong dollars; Galaxy Entertainment (00027) fell 2.88%, trading at 32.05 Hong Kong dollars; SJM HOLDINGS (00880) declined 1.86%, trading at 2.64 Hong Kong dollars; MELCO INT'L DEV (00200) decreased 1.79%, trading at 4.38 Hong Kong dollars.
In terms of news, the Macau Gaming Inspection and Coordination Bureau announced data showing that the gambling revenue in December 2024 was 18.202 billion Macau patacas, a year-on-year decrease of 2% and a month-on-month decrease of 1.28%. For the entire year of 2024, gambling revenue reached 226.782 billion patacas, an increase of 23.9% year-on-year.
JPMorgan released a report stating that Macau's gambling revenue for December was slightly lower than the market expectation of 18.5 billion to 18.8 billion patacas, indicating a recovery to 80% of pre-pandemic levels, and a full-year recovery to 77% level. Goldman Sachs published a report maintaining a forecast that Macau's gross gambling revenue would increase by 8% year-on-year this year, based on reduced cost constraints from inflation and competition, with more incremental revenue growth converting into EBITDA, expecting an 11% increase in the industry's EBITDA this year.