The market shares of MGM China (02282), Aobo Holdings (00880) and Wynn Macau (01128) are expected to increase quarterly.
The Zhitong Finance App learned that Macquarie released a research report saying that MGM China (02282), Aobo Holdings (00880), and Wynn Macau (01128) are expected to increase quarterly in the first quarter. Galaxy Entertainment (00027) will regain market share in the second quarter of this year due to promotional activities in the first quarter of this year and the completion of the decoration of the Galaxy Hotel Macau before the Lunar New Year. MGM China is currently the only operator with an RFID platform, but the remaining 5 operators are also actively studying the installation of additional smart devices. It is expected that they will be launched at the end of this year, and their profits can be reflected next year. Listed as the first choice in the industry, GEG and Sands China (01928) were rated as “outperforming the market”.
The bank estimates that Macau's total gaming revenue in April could reach 17.6 billion to MOP 18.3 billion, equivalent to 75% to 78% of 2019. The Macau Government is in discussions with the Mainland to provide one visa and multiple trips for Hengqin tours to Macau to allow guests to stay in Hengqin to ease the shortage of Macau hotel rooms during the peak season. Hengqin now offers 8,000 hotel rooms and is expected to build more.