里昂：澳博控股(00880)市场份额及利润受压 续予“持有”评级

Core Viewpoint - The report from Credit Lyonnais indicates that the market share and profits of Melco Resorts & Entertainment (00880) are under pressure, leading to a 15% year-on-year decline in adjusted EBITDA to HKD 881 million for the third quarter [1] Group 1 - The ongoing suspension of satellite casinos is expected to continue to negatively impact the company's market share in the short term [1] - The company has not established a clear timeline for the resumption of dividend payments [1] - Credit Lyonnais believes that there are no short-term catalysts for Melco, maintaining a "Hold" rating with a target price of HKD 3.2 [1]