CLSA forecasts gross gaming revenue of MOP19.7bn (US$2.45bn).<\/p>\n\n\n\n\n\n\n\n
Macau.- \u00a0Jeffrey Kiang<\/strong>\u00a0and\u00a0Leo Pan<\/strong>\u00a0at CLSA have predicted that Macau’s casino gross gaming revenue (GGR) for May will be MOP19.7bn (US$2.45bn), a rise of 6 per cent\u00a0compared to last month<\/a>.\u00a0Although the aggregate visitor volume to Macau was 8 per cent lower than the government’s forecast for\u00a0Labour Day week<\/a>, CLSA observed “heavy foot traffic” in some Cotai and downtown properties.\u00a0<\/p>\n\n\n\n According to CLSA, the most commonly seen minimum bets on baccarat tables were MOP1,000 (US$125),\u00a0and MOP1,500 (US$187). In high-roller rooms, minimum bets ranged from MOP3,000 (US$373) to MOP10,000 (US$1,246).<\/p>\n\n\n\n In April, GGR was MOP18.5bn (US$2.29bn), down 4.9 per cent\u00a0month-on-month, up 26 per cent from April 2023 and down 21.4 per cent from April 2019.<\/p>\n","protected":false},"excerpt":{"rendered":" CLSA forecasts gross gaming revenue of MOP19.7bn (US$2.45bn).<\/p>\n","protected":false},"author":176,"featured_media":27875,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"CLSA projects Macau's May Gross Gaming Revenue (GGR) to reach MOP19.7bn (US$2.45bn), marking a 6% month-on-month increase. This forecast, following April's MOP18.5bn GGR, is underpinned by observations of robust foot traffic in key Cotai and downtown properties, despite aggregate visitor volumes during Labour Day week falling below government projections.","focusai_entities":"CLSA, Jeffrey Kiang, Leo Pan","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Forecast Methodology?","query":"What specific data points and analytical methodologies did CLSA employ to reconcile the discrepancy between lower aggregate visitor volumes and their positive GGR forecast for May?"},{"label":"Market Segment Performance?","query":"Given the observed baccarat minimum bets, what are CLSA's insights into the relative performance and contribution of the mass market versus premium mass and VIP segments to the projected May GGR?"}],"footnotes":""},"categories":[16338,163],"tags":[23907,23906],"class_list":["post-777015272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015272","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=777015272"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015272\/revisions"}],"predecessor-version":[{"id":777015304,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015272\/revisions\/777015304"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}