{"id":5926,"date":"2026-11-03T13:29:50","date_gmt":"2026-11-03T12:29:50","guid":{"rendered":"https:\/\/winsider.sk\/?p=5926"},"modified":"2026-11-03T13:29:50","modified_gmt":"2026-11-03T12:29:50","slug":"macau-malo-plne-hotely-zlaty-tyzden-aj-zapasy-nba-kasina-napriek-tomu-zarobili-o-desat-percent-menej","status":"publish","type":"post","link":"https:\/\/winsider.sk\/index.php\/2026\/11\/03\/macau-malo-plne-hotely-zlaty-tyzden-aj-zapasy-nba-kasina-napriek-tomu-zarobili-o-desat-percent-menej\/","title":{"rendered":"Macau malo pln\u00e9 hotely, Zlat\u00fd t\u00fd\u017ede\u0148 aj z\u00e1pasy NBA. Kas\u00edna napriek tomu zarobili o desa\u0165 percent menej"},"content":{"rendered":"

Kas\u00edna v Macau zarobili v okt\u00f3bri 2026 na hrub\u00fdch hern\u00fdch pr\u00edjmoch 21,68 miliardy macajsk\u00fdch pat\u00e1k, teda pribli\u017ene 2,69 miliardy dol\u00e1rov. V rovnakom mesiaci minul\u00e9ho roka to bolo 24,09 miliardy pat\u00e1k, tak\u017ee medziro\u010dn\u00fd pokles dosiahol desa\u0165 percent. Vypl\u00fdva to z \u00fadajov \u00daradu pre in\u0161pekciu a koordin\u00e1ciu hier (DICJ), ktor\u00fd dohliada na kas\u00edna v tomto \u010d\u00ednskom osobitnom administrat\u00edvnom regi\u00f3ne. Najv\u00e4\u010d\u0161ie kas\u00ednov\u00e9 centrum sveta tak zaznamenalo u\u017e piaty mesa\u010dn\u00fd pokles za sebou, a to v \u010dase, ke\u010f do\u0148 pr\u00fadili davy turistov po\u010das \u0161t\u00e1tneho sviatku Zlat\u00fd t\u00fd\u017ede\u0148 a na pr\u00edpravn\u00e9 z\u00e1pasy NBA.<\/p>\n

Pr\u00e1ve tento rozpor rob\u00ed z okt\u00f3brov\u00fdch \u010d\u00edsel viac ne\u017e len slab\u00fd mesiac. N\u00e1v\u0161tevnos\u0165 bola medziro\u010dne vy\u0161\u0161ia a hotely mali po\u010das najru\u0161nej\u0161\u00edch dn\u00ed obsadenos\u0165 nad 90 percent. Hrub\u00e9 hern\u00e9 pr\u00edjmy, teda sumy, ktor\u00e9 kas\u00edna z\u00edskaj\u00fa zo st\u00e1vok po vyplaten\u00ed v\u00fdhier hr\u00e1\u010dom, v\u0161ak ner\u00e1stli. Macau tak dost\u00e1va \u010fal\u0161\u00ed d\u00f4kaz, \u017ee pln\u00e9 ulice a pln\u00e9 hotely u\u017e automaticky neznamenaj\u00fa pln\u00e9 pokladnice kas\u00edn.<\/p>\n

Rok 2026 sa pritom pre Macau za\u010dal ve\u013emi s\u013eubne. V janu\u00e1ri hern\u00e9 pr\u00edjmy vysko\u010dili medziro\u010dne o 24 percent. Zlom pri\u0161iel v j\u00fani, ke\u010f tr\u017eby klesli o 12,1 percenta. V j\u00fali bol pokles miernej\u0161\u00ed na \u00farovni 8,4 percenta a v auguste aj septembri sa z\u00fa\u017eil na 1,2 percenta, \u010do vyzeralo ako stabiliz\u00e1cia. Okt\u00f3ber v\u0161ak trend op\u00e4\u0165 zhor\u0161il. Oproti septembru, ke\u010f kas\u00edna zarobili len 18,06 miliardy pat\u00e1k, si s\u00edce polep\u0161ili zhruba o p\u00e4tinu, \u010do nazna\u010duje mierne zotavenie, medziro\u010dne sa v\u0161ak pokles znovu preh\u013abil.<\/p>\n

\"Medziro\u010dn\u00e1<\/figure>\n

Na slab\u0161\u00ed v\u00fdsledok do\u013eahol aj mimoriadne vysok\u00fd z\u00e1klad. Okt\u00f3ber 2025 priniesol pod\u013ea port\u00e1lu Casino.org pribli\u017ene 2,98 miliardy dol\u00e1rov, \u010do bol najsilnej\u0161\u00ed mesiac cel\u00e9ho minul\u00e9ho roka. Analytici preto s poklesom po\u010d\u00edtali, ich odhady sa v\u0161ak pohybovali okolo siedmich percent. Skuto\u010dnos\u0165 bola hor\u0161ia aj oproti t\u00fdmto opatrn\u00fdm progn\u00f3zam, pri\u010dom za sklaman\u00edm st\u00e1la najm\u00e4 slab\u0161ia hra v segmentoch pr\u00e9miov\u00e9ho masov\u00e9ho trhu a VIP klientov.<\/p>\n

Trh v Macau ovl\u00e1da \u0161es\u0165 koncesion\u00e1rov, teda firiem s vl\u00e1dnou licenciou na prev\u00e1dzku kas\u00edn. S\u00fa to Sands, Galaxy, Wynn, MGM, Melco a SJM, ktor\u00e9 spolu prev\u00e1dzkuj\u00fa 20 kas\u00edn s pribli\u017ene 6 000 hrac\u00edmi stolmi a 12 000 automatmi. SJM a Sands maj\u00fa po p\u00e4\u0165 prev\u00e1dzok, Galaxy a Melco po tri, Wynn a MGM po dve. Za prv\u00fdch desa\u0165 mesiacov roka spolu vyhrali od hr\u00e1\u010dov viac ne\u017e 25,87 miliardy dol\u00e1rov. Kumulat\u00edvne s\u00fa tak pr\u00edjmy st\u00e1le o 1,6 percenta nad minul\u00fdm rokom, no n\u00e1skok sa s ka\u017ed\u00fdm \u010fal\u0161\u00edm slab\u00fdm mesiacom sten\u010duje.<\/p>\n

Turisti prich\u00e1dzaj\u00fa, ale za stolmi m\u00ed\u0148aj\u00fa menej<\/h2>\n

Sands sa pok\u00fasil pril\u00e1ka\u0165 masov\u00e9ho n\u00e1v\u0161tevn\u00edka z\u00e1pasmi NBA China Games, ktor\u00e9 v are\u00e1li The Venetian Arena na p\u00e1sme Cotai zohrali Houston Rockets a Dallas Mavericks. Ide o vz\u00e1jomne prepojen\u00fd biznis, ke\u010f\u017ee Sands aj Mavericks patria miliard\u00e1rke Miriam Adelsonovej a jej za\u0165ovi Patrickovi Dumontovi, ktor\u00fd je predsedom a v\u00fdkonn\u00fdm riadite\u013eom Sands. Pod\u013ea port\u00e1lu GamblingNews v\u0161ak podujatie v\u00fdraznej\u0161\u00ed vplyv na hern\u00e9 tr\u017eby nemalo. To je pre strat\u00e9giu cel\u00e9ho odvetvia nepr\u00edjemn\u00fd sign\u00e1l, preto\u017ee ve\u013ek\u00e9 \u0161portov\u00e9 a z\u00e1bavn\u00e9 akcie s\u00fa presne t\u00fdm n\u00e1strojom, ktor\u00fdm chc\u00fa oper\u00e1tori pril\u00e1ka\u0165 nov\u00fdch \u013eud\u00ed do svojich rezortov.<\/p>\n

Analytici vysvet\u013euj\u00fa slab\u00e9 \u010d\u00edsla najm\u00e4 zmenou skladby n\u00e1v\u0161tevn\u00edkov. Do Macau prich\u00e1dza viac turistov s n\u00edzkymi v\u00fddavkami a \u013eud\u00ed, ktor\u00ed kas\u00edna v\u00f4bec nenav\u0161tevuj\u00fa. Macau pritom diverzifik\u00e1ciu svojho turizmu cielene podporuje. Vznik\u00e1 tak paradox, ke\u010f \u017eiadan\u00e1 premena turizmu z\u00e1rove\u0148 oslabuje sektor, ktor\u00fd je st\u00e1le jedn\u00fdm z hlavn\u00fdch pilierov miestnej ekonomiky.<\/p>\n

Druhou pr\u00ed\u010dinou je odchod od modelu VIP junketov, teda sprostredkovate\u013eov, ktor\u00ed do kas\u00edn priv\u00e1\u017eali bohat\u00fdch hr\u00e1\u010dov. Aj tento prechod m\u00e1 svoju cenu. Pr\u00edjmy sa zatia\u013e nevr\u00e1tili na \u00farove\u0148 spred pand\u00e9mie.<\/p>\n

Tret\u00edm faktorom je makroekonomick\u00e1 n\u00e1lada v \u010c\u00edne. Maloobchodn\u00e9 tr\u017eby v m\u00e1ji 2026 klesli prv\u00fdkr\u00e1t za viac ne\u017e tri roky a v\u00fddavky dom\u00e1cnost\u00ed pod\u013ea Casino.org brzdia drah\u0161ia energia v s\u00favislosti s vojnou v Ir\u00e1ne aj pretrv\u00e1vaj\u00face hrozby americk\u00fdch ciel. Analytik Vitaly Umansky zo spolo\u010dnosti Seaport Research Partners k tomu prid\u00e1va slab\u00fd akciov\u00fd trh a pr\u00edsnej\u0161iu da\u0148ov\u00fa kontrolu zahrani\u010dn\u00fdch trustov, ktor\u00e9 vlastnia bohat\u00ed jednotlivci. To pod\u013ea neho bude na\u010falej tlmi\u0165 hru v segmente VIP.<\/p>\n

Z h\u013eadiska verejn\u00fdch financi\u00ed je d\u00f4le\u017eit\u00e9 porovnanie s rozpo\u010dtom. Vl\u00e1da Macau po\u010d\u00edta na rok 2026 s hrub\u00fdmi hern\u00fdmi pr\u00edjmami 236 mili\u00e1rd pat\u00e1k. Na splnenie tohto cie\u013ea by kas\u00ednam sta\u010dilo v novembri a decembri zarobi\u0165 zhruba 13,6 miliardy pat\u00e1k mesa\u010dne, \u010do je v\u00fdrazne menej, ne\u017e dosahuj\u00fa aj v slab\u00fdch mesiacoch. Rozpo\u010dtov\u00fd cie\u013e je teda na dosah. Aj pri jeho splnen\u00ed by v\u0161ak celoro\u010dn\u00fd v\u00fdsledok zaostal za minuloro\u010dn\u00fdmi 247,4 miliardy pat\u00e1k.<\/p>\n

Pre samotn\u00fdch oper\u00e1torov zost\u00e1va pod\u013ea GamblingNews d\u00f4le\u017eitou ot\u00e1zkou n\u00e1vratnos\u0165 invest\u00edci\u00ed do nehernej infra\u0161trukt\u00fary. Najnov\u0161ie \u010d\u00edsla toti\u017e ukazuj\u00fa, \u017ee rast\u00faci turizmus nezaru\u010duje vy\u0161\u0161ie tr\u017eby kas\u00edn.<\/p>\n

Umansky neo\u010dak\u00e1va r\u00fdchly obrat. Na november predpoved\u00e1 medziro\u010dn\u00fd pokles hern\u00fdch pr\u00edjmov o 6,1 percenta na pribli\u017ene 2,45 miliardy dol\u00e1rov, \u010do by znamenalo \u0161iesty slab\u00fd mesiac za sebou. Z dlhodob\u00e9ho h\u013eadiska je v\u0161ak optimista. S\u00fa\u010dasn\u00e9 spomalenie pripisuje takzvan\u00e9mu o\u017eiveniu v tvare K, pri ktorom sa \u010das\u0165 ekonomiky a spotrebite\u013eov zotavuje, k\u00fdm in\u00e1 zaost\u00e1va, a tie\u017e do\u010dasn\u00fdm da\u0148ov\u00fdm obav\u00e1m. Ke\u010f\u017ee ocenenie burzovo obchodovan\u00fdch prev\u00e1dzkovate\u013eov kas\u00edn je na historicky n\u00edzkych \u00farovniach, dlhodob\u00ed investori ochotn\u00ed nies\u0165 rizik\u00e1 pevninskej \u010c\u00edny m\u00f4\u017eu pod\u013ea neho v\u00fdrazne zarobi\u0165.<\/p>\n

Najbli\u017e\u0161\u00edm testom bud\u00fa novembrov\u00e9 \u010d\u00edsla. Uk\u00e1\u017eu, \u010di sa pokles op\u00e4\u0165 zmierni ako v auguste a septembri, alebo sa preh\u013abi. Dlhodob\u00e9 vyhliadky Macau bud\u00fa z\u00e1visie\u0165 od toho, \u010di dok\u00e1\u017ee pril\u00e1ka\u0165 n\u00e1v\u0161tevn\u00edkov a presved\u010di\u0165 ich, aby vo svojich rezortoch aj m\u00ed\u0148ali peniaze.<\/p>\n

Hazardn\u00e9 hry s\u00fa ur\u010den\u00e9 v\u00fdhradne osob\u00e1m star\u0161\u00edm ako 18 rokov. Hrajte zodpovedne.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Hrub\u00e9 hern\u00e9 pr\u00edjmy kas\u00edn v Macau v okt\u00f3bri klesli medziro\u010dne o 10 percent na 21,68 miliardy pat\u00e1k. Je to piaty pokles za sebou a ukazuje sa, \u017ee viac turistov e\u0161te neznamen\u00e1 vy\u0161\u0161ie tr\u017eby.<\/p>\n","protected":false},"author":6,"featured_media":5925,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[36],"tags":[317,318,101,316,220,319],"class_list":["post-5926","post","type-post","status-publish","format-standard","has-post-thumbnail","category-kasina-a-herne","tag-cina","tag-herne-prijmy","tag-kasina","tag-las-vegas-sands","tag-macau","tag-vip-hra"],"yoast_head":"\nMacau malo pln\u00e9 hotely, Zlat\u00fd t\u00fd\u017ede\u0148 aj z\u00e1pasy NBA. Kas\u00edna napriek tomu zarobili o desa\u0165 percent menej - ONLINE MAGAZ\u00cdN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/winsider.sk\/index.php\/2026\/11\/03\/macau-malo-plne-hotely-zlaty-tyzden-aj-zapasy-nba-kasina-napriek-tomu-zarobili-o-desat-percent-menej\/\" \/>\n<meta property=\"og:locale\" content=\"sk_SK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macau malo pln\u00e9 hotely, Zlat\u00fd t\u00fd\u017ede\u0148 aj z\u00e1pasy NBA. Kas\u00edna napriek tomu zarobili o desa\u0165 percent menej - ONLINE MAGAZ\u00cdN\" \/>\n<meta property=\"og:description\" content=\"Hrub\u00e9 hern\u00e9 pr\u00edjmy kas\u00edn v Macau v okt\u00f3bri klesli medziro\u010dne o 10 percent na 21,68 miliardy pat\u00e1k. 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