Citigroup reported an increase compared to December 2019.<\/p>\n\n\n\n\n\n\n\n
Macau.- Analysts at Citigroup<\/strong> say Macau\u2019s average premium mass wager per player for December is running above that of 2019. The average minimum bet was HKD2,064, almost 12 per cent higher than December 2019\u2019s survey figure of HKD1,834.<\/p>\n\n\n\n Wagers so far for December are down by around 3 per cent month-on-month at HKD9.2m (US$1.2m)<\/strong>, with the number of premium mass players down 5 per cent. Analysts George Choi and Ryan Cheung<\/strong> attributed the strength to the presence of high-rolling players. Analysts identified a total of 20 whales<\/strong> (players who bet HKD100,000 (US$12,815) or more per hand).<\/p>\n\n\n\n \u201cPlayers seem to be a lot less concerned than investors about the current state of the [Chinese] economy and the recent surge of respiratory illness in China, and they demonstrate their still-resilient luxury spending behaviour,\u201d they wrote.<\/p>\n","protected":false},"excerpt":{"rendered":" Citigroup reported an increase compared to December 2019.<\/p>\n","protected":false},"author":226,"featured_media":20627,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Citigroup analysts report that Macau's average premium mass wager per player in December is exceeding 2019 levels, with the average minimum bet up nearly 12%. Despite a slight month-on-month decrease in total wagers and player numbers, the segment's strength is attributed to high-rolling players, demonstrating resilient luxury spending behavior amidst broader economic concerns in China.","focusai_entities":"Citigroup, George Choi, Ryan Cheung","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook?","query":"What are the projected GGR implications for Macau's integrated resorts, particularly within the premium mass segment, given the observed player resilience despite macroeconomic headwinds?"},{"label":"Premium Mass Strategy?","query":"How are Macau's casino operators adapting their VIP and premium mass strategies to capitalize on the observed increase in average wager per player and the continued presence of high-rolling clientele?"}],"footnotes":""},"categories":[16338,163],"tags":[257],"class_list":["post-777011975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777011975"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011975\/revisions"}],"predecessor-version":[{"id":777011978,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011975\/revisions\/777011978"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20627"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}