Analysts now expect gross gaming revenue to reach MOP18.25bn (US$2.27bn).<\/p>\n\n\n\n\n\n\n\n
Macau.- Citigroup <\/strong>has adjusted its forecast for Macau’s April gross gaming revenue (GGR) <\/strong>from MOP18.0bn (US$2.24bn) to MOP18.25bn (US$2.27bn). That’s a decrease of 2 per cent in year-on-year terms and represents 77 per cent of April 2019 levels.<\/p>\n\n\n\n Analysts George Choi and Timothy Chau noted that GGR reached around MOP13.0bn (US$1.61bn) during the first 21 days of April and a daily revenue rate of about MOP650m (US$80.7m) in the third week of the month, a rise of 6 per cent compared to the previous week. Analysts attributed this to the Easter holiday period, which brought 520,000 visitors<\/a> to the city. <\/p>\n\n\n\n They say VIP volume experienced a decrease of approximately 2 per cent month-on-month, while Mass GGR was down between 2-3 per cent. The report also noted that VIP hold rates appeared stronger than the preceding week.<\/p>\n\n\n\n In March, GGR was MOP19.66bn (US$2.46bn). That\u2019s an increase of 0.8 per cent in year-on-year terms<\/a> but a dip of 0.4 per cent 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\n The government has forecast MOP240bn (US$29.7bn) in GGR for 2025. If April’s GGR achieves only MOP18.25bn (US$2.28bn), it would continue a trend of underperformance against government projections.<\/p>\n","protected":false},"excerpt":{"rendered":" Analysts now expect gross gaming revenue to reach MOP18.25bn (US$2.27bn).<\/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 has adjusted Macau's April Gross Gaming Revenue (GGR) forecast upwards to MOP18.25bn, a 2% year-on-year decrease, representing 77% of April 2019 levels. The report notes a sequential increase in daily revenue attributed to the Easter holiday, despite month-on-month declines in both VIP and Mass GGR. This revised forecast suggests a continued trend of underperformance against the Macau government's MOP240bn GGR projection for 2025.","focusai_entities":"Citigroup, George Choi, Timothy Chau","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.95), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR 2025 Outlook?","query":"Given the persistent underperformance against 2019 levels and the government's MOP240bn GGR forecast for 2025, what specific catalysts or policy shifts are anticipated to bridge this revenue gap?"},{"label":"VIP vs. Mass GGR Impact?","query":"How do the observed month-on-month declines in both VIP and Mass GGR, coupled with stronger VIP hold rates, influence the long-term revenue diversification strategies for Macau's integrated resorts?"}],"footnotes":""},"categories":[16338,163],"tags":[257],"class_list":["post-777025706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025706","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=777025706"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025706\/revisions"}],"predecessor-version":[{"id":777025713,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025706\/revisions\/777025713"}],"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=777025706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777025706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777025706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}