{"id":777025252,"date":"2025-04-14T03:00:17","date_gmt":"2025-04-14T06:00:17","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777025252"},"modified":"2026-04-21T23:54:51","modified_gmt":"2026-04-22T02:54:51","slug":"citigroup-survey-notes-premium-mass-wagers-in-macau-remain-flat","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/citigroup-survey-notes-premium-mass-wagers-in-macau-remain-flat","title":{"rendered":"Citigroup survey finds premium mass wagers in Macau remain flat"},"content":{"rendered":"\n<p>The average wager per player was down by 6.8 per cent to HK$18,139.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- \u00a0Citigroup&#8217;s April survey of Macau casinos observed<strong>\u00a0premium mass wagers<\/strong>\u00a0of HK$11.1m (US$1.43m), flat year-on-year. Some 611 players were observed, a rise of 8 per cent compared to last April. The average wager per player was down by 6.8 per cent to HK$18,139 (US$2.321).<\/p>\n\n\n\n<p>The survey observed<strong> 19 whales<\/strong> (players with bets of HK$100,000 per hand or more), up from 18 last April. The \u201cPlayer of the Month\u201d was spotted placing a bet of HK1m (US$128.000) at MGM Cotai Supreme Room. The second-highest wager was seen at Galaxy Macau\u2019s Horizon Room placing a bet of HK$500,000 (US$64.000).<\/p>\n\n\n\n<p>Analysts observed that eight players wagered HK$4.1m (US$524.800) or HK$217,000 (US$27.776) per client, up 2 per cent year-on-year. They noted that Macau operators with US-based parent companies accounted for approximately 60 per cent of the total premium mass wagers in this month&#8217;s survey. They suggest this means that US president Donald Trump&#8217;s tariff announcements have not affected player preferences on an individual operator basis.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/the-university-of-macau-downgrades-2025-gdp-forecast\" rel=\"noreferrer noopener\">Macau GDP forecast revised amid US tariffs<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Macau satellite casinos concerned about lack of negotiations<\/h2>\n\n\n\n<p>Satellite casinos in Macau are concerned that with fewer than nine months until the expected transition to a management company arrangement, discussions about their future have yet to begin. According to the Macao Daily News, some satellite casino operators want the government to use the relocation of gaming tables as a negotiating tool, suggesting that the government should not give all gaming tables back to the main casino operators if satellite casinos close.<\/p>\n\n\n\n<p>Before the revision of&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macaus-gaming-law-amendment-bill-approved\" rel=\"noreferrer noopener\">Macau\u2019s gaming law<\/a>&nbsp;in 2022, there were 18 satellite casinos in the city. Currently, there are 11 with around 450 gaming tables. Nine of these operate under SJM\u2019s gaming licence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average wager per player was down by 6.8 per cent to HK$18,139.<\/p>\n","protected":false},"author":176,"featured_media":26597,"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 April survey indicates stable premium mass wagers in Macau, despite a 6.8% decline in average wager per player, with US-parented operators maintaining significant market share unaffected by tariffs. Concurrently, Macau's satellite casinos express concern over the lack of negotiation regarding their impending transition to a management company arrangement, with fewer than nine months remaining until the expected shift.","focusai_entities":"Citigroup, MGM Cotai, Galaxy Macau, Donald Trump, SJM, Macao Daily News","focusai_location":"Macau, United States","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Satellite Casino Impact","query":"What are the specific governance frameworks and licensing implications for satellite casinos transitioning to a management company arrangement, and how will this affect their operational autonomy and GGR contribution?"},{"label":"Premium Mass Strategy","query":"Given the observed decline in average wager per player within the premium mass segment, what strategic adjustments are Macau operators implementing to optimize NGR and player lifetime value?"}],"footnotes":""},"categories":[28,16338],"tags":[23906],"class_list":["post-777025252","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\/777025252","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=777025252"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025252\/revisions"}],"predecessor-version":[{"id":777025286,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025252\/revisions\/777025286"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26597"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777025252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777025252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777025252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}