{"id":777020778,"date":"2024-11-18T09:01:21","date_gmt":"2024-11-18T12:01:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777020778"},"modified":"2026-04-22T04:09:15","modified_gmt":"2026-04-22T07:09:15","slug":"citigroup-notes-rise-in-premium-mass-wagers-in-macau-in-november","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/citigroup-notes-rise-in-premium-mass-wagers-in-macau-in-november","title":{"rendered":"Citigroup notes rise in premium mass wagers in Macau in November"},"content":{"rendered":"\n

Its survey found the aggregate of market-wide wagers reached HK$12.2m.<\/p>\n\n\n\n\n\n\n\n

Macau.- \u00a0Citigroup’s November survey observed premium mass wagers<\/strong> of HK$12.2m (US$1.57m). That\u2019s a 29 per cent increase compared to November 2023. There were 514 players observed, a rise of 21 per cent. The average bet per player was up 7 per cent at HK$23,706 (US$3k).<\/p>\n\n\n\n

The survey observed 21 whales<\/strong> (players with bets of HK$100,000 per hand or more), up 16.6 per cent year-on-year. The average wager per whale reached HK$268,381 (US$34k), an increase of 73 per cent.<\/p>\n\n\n\n

The \u201cPlayer of the Month\u201d was spotted placing a bet of HK$2.2m (US$282,607) in the Horizon Room at Galaxy Macau. According to analysts, it was \u201cthe largest whale\u201d since they began conducting monthly reviews in 2017. The bet was worth 18 per cent of the overall value of all wagers noted in the survey.<\/p>\n\n\n\n

Analysts again noted the implementation of so-called “smart tables”<\/a>, which “will increase game speed velocity,” and the introduction and promotion of new side bets, “which will increase hold rates”. They reported that all mass-market baccarat tables are now smart at Galaxy Macau’s Horizon, Melco Resorts’ Studio City, Sands China’s Venetian Macao and Plaza and the Diamond Club at Wynn Palace and Wynn Encore. Citigroup noted “side bet expert tables” at the Venetian Macao, featuring bets 6s and 7s-based side bet games.<\/p>\n\n\n\n

Macau daily GGR reaches US$71.2m in first 10 days of November, analysts say<\/h2>\n\n\n\n

Analysts at Citigroup reported that\u00a0Macau\u2019s gross gaming revenue (GGR)\u00a0<\/strong>averaged MOP570m (US$71.2m) per day over the first ten days of November. That\u2019s a rise of 1 per cent compared to the final 11 days of October.<\/p>\n\n\n\n

According to analysts, casino GGR was around MOP5.7bn (US$712m), down from the same period last month due to October Golden Week holiday<\/a>, which brought 916,000 visitors<\/strong> to Macau. VIP volume was down 15 per cent month-on-month drop and mass 13 to 15 per cent.<\/p>\n\n\n\n

Citi has maintained its GGR projection for November at MOP18bn (US$2.2bn). This would signify 79 per cent of the same month in 2019 and would mean a daily run rate of MOP615m (US$76.9m) for the remainder of the month.<\/p>\n","protected":false},"excerpt":{"rendered":"

Its survey found the aggregate of market-wide wagers reached HK$12.2m.<\/p>\n","protected":false},"author":176,"featured_media":25238,"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's November survey indicates robust growth in Macau's premium mass segment, with wagers up 29% year-on-year and significant increases in high-roller activity. The report highlights the widespread adoption of \"smart tables\" and new side bets across major integrated resorts to enhance game velocity and hold rates. While early November GGR showed a slight month-on-month dip post-Golden Week, Citi maintains its MOP18bn projection for the month, signaling continued market recovery.","focusai_entities":"Citigroup, Galaxy Macau, Melco Resorts, Studio City, Sands China, Venetian Macao, Wynn Palace, Wynn Encore","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), product_ux (0.7), tech_data (0.7), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact of Smart Tables","query":"What specific technological advancements underpin the \"smart tables\" deployed in Macau, and how are these innovations measurably impacting game speed velocity and operator hold rates beyond the reported increases?"},{"label":"Premium Mass Sustainability","query":"Given the significant year-on-year growth in premium mass wagers and \"whale\" activity, what are the underlying macroeconomic factors and policy considerations that could sustain or impede this segment's growth trajectory in Macau?"}],"footnotes":""},"categories":[28,16338],"tags":[23906],"class_list":["post-777020778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020778","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=777020778"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020778\/revisions"}],"predecessor-version":[{"id":777020787,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020778\/revisions\/777020787"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25238"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777020778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777020778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777020778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}