Citigroup has completed its monthly survey.<\/p>\n\n\n\n\n\n\n\n
Macau.- A survey conducted by Citigroup on May 3 observed HK$17.7m (US$2.3m) worth of bets. The figure was up 144 per cent when compared to its April 28 survey last year. <\/p>\n\n\n\n
The number of Premium Mass players observed was 775, up 119 per cent year-on-year and almost level with the survey during Chinese New Year (CNY). The average wager per player was up by 11 per cent to HK$22,777 (US$2.915), the second-highest tally of the year behind CNY (HK$29,624).<\/p>\n\n\n\n
The survey fell during the Labour Day holiday. Conducted on-site across various premium mass rooms, it highlighted Galaxy Entertainment<\/strong> and Sands China<\/strong> as the primary beneficiaries of increased visitors owing to their hotel room inventories. Citigroup named a Korean national its first-ever non-Chinese Player of the Month. A Korean-speaking host assisted the player at the Horizon Room of Galaxy Macau. <\/p>\n\n\n\n Analysts observed that the top three players who wagered HK$250k-399k played at the same table at the Horizon Room, which had the highest number of whales (players who place bets of HK$100,000 to HK$500,000). The research team observed 37 whales across all six casino operators, an increase from 14 in April 2023 and four less than during CNY this year.<\/p>\n\n\n\n See also:\u00a0<\/strong>Macau GGR to reach US$2.5bn in May, analysts say<\/a><\/p>\n\n\n\n Meanwhile, JP Morgan\u00a0<\/strong>has estimated that gross gaming revenue (GGR) for the five-day Labour Day holiday period was MOP4.55bn (US$570m), exceeding initial forecasts. In a note on Monday (May 6), DS Kim<\/strong>,\u00a0Mufan Shi<\/strong>, and\u00a0Selina Li<\/strong>, said the daily run-rate reached MOP910m, beating expectations by five to ten per cent, with the quality and diversity\u00a0of gamblers compensating for relatively modest visitation numbers at 84 per cent of pre-pandemic levels<\/strong> and below Chinese New Year.<\/p>\n\n\n\n JP\u00a0Morgan noted a faster rebound in mass GGR compared to recent trends, reaching approximately 120 per cent of\u00a0pre-Covid-19\u00a0levels. However, VIP GGR was at 30 per cent.\u00a0<\/p>\n\n\n\n The Public Security Police reported that\u00a0604,395 visitors arrived in Macau<\/a>\u00a0during the holiday\u00a0period from May 1 to 5.\u00a0Average daily visitation was 120,879,\u00a0below the target of 130,000<\/a>.\u00a0<\/p>\n\n\n\nMacay Labour Day GGR<\/h2>\n\n\n\n