里昂：中国工业利润增长应能持续推动澳门博彩收入 首选银河娱乐与美高梅中国

Core Viewpoint - Recent roadshow in Tokyo highlighted investor confidence in the view that China's industrial profit growth will continue to drive Macau's gaming revenue [1] Group 1: Industry Insights - Many investors agree with the perspective that the growth in China's industrial profits will positively impact Macau's gaming revenue [1] - The gaming sector is currently trading at an enterprise value to EBITDA (EV/EBITDA) multiple of 9.4 times for 2026, which is below the "new normal" range of 11 to 12 times set by the firm [1] Group 2: Company Preferences - The firm maintains its existing forecasts and ratings, with Galaxy Entertainment (00027) and MGM China (02282) being the preferred stocks in the sector [1]