Premium mass wagers reached 49 per cent above pre-pandemic levels, according to Citigroup.<\/p>\n\n\n\n\n\n\n\n
Macau.- Citigroup\u00a0<\/strong>has reported that premium mass wagers in Macau reached HK$23m (US$2.9m) during Chinese New Year. That’s up 49 per cent when compared to 2019, before the Covid-19 pandemic. Macau saw a record-high count of high-rolling players, with 41 identified whales and a single wager of HK$800,000.\u00a0<\/p>\n\n\n\n According to analysts\u00a0George Choi\u00a0<\/strong>and\u00a0Ryan Cheung<\/strong>, figures suggested that the quality of players was “extremely high” as the average wager per player was 77 per cent higher than in 2019. <\/p>\n\n\n\n Analysts said Galaxy led in market share\u00a0<\/strong>capturing 28 per cent of total wagers.\u00a0Galaxy Macau’s Horizon Room was the top premium mass room, recording HK$4.2m in wagers.<\/p>\n\n\n\n There were\u00a0<\/strong>1,357,064 visitor arrivals<\/a>\u00a0over the eight days of the Chinese New Year, translating to a daily average of 169,631. The figure exceeded\u00a0forecasts by tourism authorities<\/a>. The\u00a0daily average visitation from mainland China surpassed pre-pandemic levels, reaching 129,000.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Premium mass wagers reached 49 per cent above pre-pandemic levels, according to Citigroup.<\/p>\n","protected":false},"author":176,"featured_media":777006346,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's premium mass wagers during Chinese New Year surged 49% above pre-pandemic levels, reaching HK$23m, driven by a record number of high-rolling players and a 77% increase in average wager per player. Citigroup analysts noted Galaxy's market leadership with a 28% share, while overall visitor arrivals exceeded forecasts, with mainland China visitation surpassing 2019 levels.","focusai_entities":"Citigroup, George Choi, Ryan Cheung, Galaxy, Galaxy Macau","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Premium Mass Sustainability?","query":"What is the projected sustainability of this premium mass growth beyond the holiday period, considering broader economic indicators?"},{"label":"Operator Market Share?","query":"How are other Macau concessionaires performing in the premium mass segment relative to Galaxy's reported market share, and what are their respective growth trajectories?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777013290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013290","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777013290"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013290\/revisions"}],"predecessor-version":[{"id":777013322,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013290\/revisions\/777013322"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777006346"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}