{"id":777024579,"date":"2025-03-27T09:52:57","date_gmt":"2025-03-27T12:52:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777024579"},"modified":"2026-04-22T00:25:40","modified_gmt":"2026-04-22T03:25:40","slug":"macau-casino-spend-per-visitor-rises-in-february-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-casino-spend-per-visitor-rises-in-february-analysts-say","title":{"rendered":"Macau casino spend per visitor rises in February, analysts say"},"content":{"rendered":"\n

CreditSights estimates that there was a 12 per cent increase in average GGR per visitor.<\/p>\n\n\n\n\n\n\n\n

Macau.- CreditSights <\/strong>has reported that although the number of Macau casino patrons fell in February, spend per visitor was up. Analysts Nicholas Chen<\/strong> and David Bussey <\/strong>noted that visitor numbers declined by 4.4 per cent year-on-year<\/a> but GGR was up by 6.8 per cent<\/a> to\u00a0MOP19.74bn ($2.5bn). Analysts said there was a 12 per cent increase in average GGR per visitor to MOP6,274 (US$783.3).<\/p>\n\n\n\n

Macau received 3.15 million visitors in February<\/strong>. The year-on-year decline in numbers was probably because this year’s Chinese New Year holiday period ran from January 28 to February 4, while in 2023 the entire week fell in February.<\/p>\n\n\n\n

Cumulatively, Macau\u2019s GGR for the first two months of 2024 was MOP38bn, up 0.5 per cent from the prior-year period. Macau\u2019s GGR for 2024 was MOP226.78bn (US$28.39bn)<\/strong>, up 23.8 per cent year-on-year but down 22.45 per cent compared to 2019 levels (MOP292.45bn). The result surpassed the Macau government\u2019s expectations.<\/p>\n\n\n\n

Macau GGR reaches US$1.82bn in first 23 days of March, Citigroup says<\/h2>\n\n\n\n

Analysts at Citigroup<\/strong> have estimated that Macau\u2019s GGR<\/strong> for the first 23 days of March was MOP14.6bn (US$1.82bn). The estimated GGR run rate was MOP635m per day.<\/p>\n\n\n\n

Analysts George Choi <\/strong>and Timothy Chau<\/strong> said GGR is flat in year-on-year terms. The daily run rate for the week of March 17-23 was MOP643m (US$80.1m), a rise of 3 per cent compared to the previous week<\/a> (MOP621m). Analysts said VIP volume fell by 8 to 10 per cent month-on-month and mass GGR by 7 to 9 per cent. They said the VIP hold rate appeared to be higher than the previous week\u2019s.<\/p>\n\n\n\n

Citigroup’s March 2025 GGR forecast remains unchanged at MOP19.5bn (US$2.43bn). Flat year-on-year, this would represent approximately 75 per cent of the March 2019 levels.<\/p>\n","protected":false},"excerpt":{"rendered":"

CreditSights estimates that there was a 12 per cent increase in average GGR per visitor.<\/p>\n","protected":false},"author":176,"featured_media":21513,"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 GGR increased by 6.8% year-on-year in February to MOP19.74bn, despite a 4.4% decline in visitor numbers, driven by a 12% rise in average GGR per visitor. CreditSights and Citigroup analysts provided detailed GGR figures and forecasts, noting March's GGR run rate and comparisons to pre-pandemic levels, with VIP volume and mass GGR experiencing month-on-month declines in early March.","focusai_entities":"CreditSights, Nicholas Chen, David Bussey, Citigroup, George Choi, Timothy Chau","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook?","query":"What are the revised GGR forecasts for Macau for the remainder of 2024, considering the observed trends in VIP and mass market segments?"},{"label":"Visitor Spend Drivers?","query":"What specific factors are driving the significant increase in average GGR per visitor in Macau, despite declining overall visitor numbers?"}],"footnotes":""},"categories":[28,16338],"tags":[23906],"class_list":["post-777024579","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\/777024579","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=777024579"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024579\/revisions"}],"predecessor-version":[{"id":777024593,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024579\/revisions\/777024593"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21513"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777024579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777024579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777024579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}