MGM (00880.HK) has added electronic Gambling equipment to its new Lisboa Hotel and Galaxy Entertainment.

According to reports from 澳博新聞, the new Lisboa Hotel under 澳博 (00880.HK) has added dozens of live dealer Baccarat hybrid gaming machines and will begin operations to the public this Wednesday (18th). Additionally, the group's回力娛樂場 has also installed 40 live dealer Baccarat gaming machines on the same day. The supplier of the gaming machines, PARADISE ENT (01180.HK) CFO Chen Jianwen stated that the new Lisboa Hotel added 62 live dealer Baccarat hybrid gaming machines this Wednesday, with a minimum bet of 20 yuan. The live gaming machines also offer 'Lucky Six' for guests to place bets. As for 回力娛樂場, it has already added earlier this year.

AASTOCKSDec 20 09:57

Air China (00753.HK) subsidiary Macau Airlines is seeking capital increase due to operational difficulties.

The Macau government submitted a statement to the Second Standing Committee of the Macau Legislative Assembly, indicating that due to numerous adverse factors, the operation of the Macao Airlines Company has been extremely difficult this year, resulting in significant losses. It is expected that by the end of this year, the debt-to-asset ratio will exceed 99.5%, with net assets only reaching 14 million Macau patacas, compared to the current capital amount of 0.842 billion Macau patacas, failing to meet the requirement under Article 206 of the Commercial Code, which states that net assets must reach half of the capital amount. The major shareholder of Macao Airlines, Air China (00753.HK), proposed to inject 1.6 billion Macau patacas into the airline, while the second largest shareholder, the government, will contribute 3 million Macau patacas according to its shareholding ratio of 21.5%.

AASTOCKSDec 20 09:14

[Brokerage Focus] Morgan Stanley: It is expected that total Gambling revenue in Macau will increase by 5% year-on-year in 2025, reaching 238 billion Macau dollars.

Jinwu Financial News | Morgan Stanley's recent Research Reports indicate that the Macau gambling industry is expected to achieve slight but stable growth by 2025. The report estimates that the total gambling revenue (GGR) in Macau will reach 238 billion patacas in 2025, a year-on-year increase of 5%, while the earnings before interest, taxes, depreciation, and amortization (EBITDA) is projected to reach 8 billion dollars, a year-on-year increase of 6%. Although market expectations for the gambling industry are relatively cautious, Morgan Stanley believes that as various gambling companies increase investments in non-gambling sectors and improve service quality, market share and profitability are expected to further enhance. Morgan Stanley believes that although the growth rate is relatively mild.

Jingu Financial NewsDec 19 12:18 · Ratings

"Morgan Stanley's latest investment ratings and Target Prices for Macau gaming stocks (table)."

Morgan Stanley issued a research report, listing the investment ratings and Target Prices for the gaming stocks as follows: Stock | Investment Rating | Target Price (HKD) MGM CHINA (02282.HK) | Shareholding | 17 HKD -> 12.2 HKD WYNN MACAU (01128.HK) | Shareholding | 8 HKD -> 6.7 HKD GALAXY ENT (00027.HK) | In line with the market | 39.5 HKD -> 37.5 HKD SANDS CHINA LTD (01928.HK) | Shareholding | 23.5 HKD -> 25 HKD SJM HOLDINGS (00

AASTOCKSDec 18 09:39

According to JPMorgan, Macau Casino stocks lack positive catalysts in the short term, with GALAXY ENT (00027) being the top choice.

J.P. Morgan's recommended order is GALAXY ENT (00027), followed by WYNN MACAU (01128), SANDS CHINA (01928), and MGM CHINA (02282), then SJM HOLDINGS (00880), and lastly MELCO INT'L DEV (00200).

Zhitong FinanceDec 17 16:26

Citigroup maintains its forecast for Macau's gambling revenue in December at 18.5 billion Macau Patacas.

Citibank released a Research Report stating that the total Gambling revenue in Macau for the first 15 days of December is expected to reach approximately 8.6 billion Macau patacas. From December 9 to 15, the average daily Gambling revenue was about 0.579 billion Macau patacas, an increase of about 3% compared to approximately 0.563 billion Macau patacas in the first 8 days of the month, believed to be due to an improvement in the retention rate of VIP customers. With the upcoming Christmas and New Year's Eve peak holiday season, the Macau Tourism Board expects that the average hotel occupancy rate during the holiday period will remain at a high level, compared to approximately 90% last week. Citibank indicated that considering the strong lineup of concerts happening in Macau in late December, the expectation is set for December 20.

AASTOCKSDec 17 14:42