{"id":777025053,"date":"2025-04-09T01:59:53","date_gmt":"2025-04-09T04:59:53","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777025053"},"modified":"2026-04-22T00:02:36","modified_gmt":"2026-04-22T03:02:36","slug":"macau-ggr-reaches-us437m-in-first-6-days-of-april-citigroup-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-reaches-us437m-in-first-6-days-of-april-citigroup-says","title":{"rendered":"Macau GGR reaches US$437m in first 6 days of April, Citigroup says"},"content":{"rendered":"\n<p>Analysts say daily average gross gaming revenue was MOP583m.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Analysts at&nbsp;<strong>Citigroup<\/strong> have estimated that<strong>&nbsp;Macau\u2019s gross gaming revenue (GGR)<\/strong> for the first 6 days of April was&nbsp;MOP3.5bn (US$437m). The estimated&nbsp;GGR run rate was&nbsp;MOP583m (US$72.7m) per day. That&#8217;s a decline of 8 per cent compared to the daily rate from late March.<\/p>\n\n\n\n<p>Analysts George Choi and Timothy Chau noted that April generally sees reduced activity before the Labor Day holiday in early May. Analysts said VIP gaming volumes dropped by 6-7 per cent sequentially, while Mass GGR fell by 7-8 per cent. <\/p>\n\n\n\n<p>They have forecast that April GGR will be down 3 per cent year-on-year at MOP18bn, 76 per cent of April 2019\u2019s level. Citigroup also predicted that daily revenue would be around MOP604m (US$75.4m) for the rest of the month.<\/p>\n\n\n\n<p>In March, GGR was\u00a0MOP19.66bn (US$2.46bn). That\u2019s an increase of 0.8 per cent\u00a0in\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-53-1-in-march\" target=\"_blank\" rel=\"noreferrer noopener\">year-on-year terms<\/a> but a dip of 0.4\u00a0per cent\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-rises-in-february\" target=\"_blank\" rel=\"noreferrer noopener\">sequentially<\/a>. GGR was 76.1 per cent of March 2019\u2019s level. For the first quarter of 2025, Macau\u2019s GGR was MOP57.66bn (US$7.20bn), up 0.6 per cent from the prior-year period. However, this figure remains 24.7 per cent lower than the first quarter of 2019 (MOP76.15bn).<\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2024\/02\/Donaco-revenue-down-to-AU2.8-in-Q1-due-to-Covid-19-restrictions-300x200.jpg\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/macau-ggr-rises-slightly-in-march'>Macau GGR rises slightly in March<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Analysts say daily average gross gaming revenue was MOP583m.<\/p>\n","protected":false},"author":176,"featured_media":25801,"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 analysts estimate Macau's GGR for the first six days of April at MOP3.5bn, with a daily run rate of MOP583m, an 8% decline from late March. This dip is attributed to pre-Labor Day holiday seasonality and sequential drops in both VIP and Mass GGR. Analysts forecast April GGR to be MOP18bn, down 3% year-on-year, and note Q1 2025 GGR remains 24.7% below 2019 levels, indicating a continued recovery trajectory.","focusai_entities":"Citigroup, George Choi, Timothy Chau","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.7), operator_casino (0.95), investor_analyst (0.98), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What specific factors beyond seasonality are contributing to the sequential decline in both VIP and Mass GGR in early April, and how might these impact the full-year GGR forecast for Macau?"},{"label":"2019 Recovery Pace","query":"Given that Q1 2025 GGR remains 24.7% below Q1 2019 levels, what are the revised projections for Macau's full GGR recovery to pre-pandemic benchmarks, and what are the primary headwinds or tailwinds influencing this timeline?"}],"footnotes":""},"categories":[16338,163],"tags":[29,257],"class_list":["post-777025053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-casino","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025053","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=777025053"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025053\/revisions"}],"predecessor-version":[{"id":777025096,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025053\/revisions\/777025096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25801"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777025053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777025053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777025053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}