{"id":777026634,"date":"2025-05-20T09:38:17","date_gmt":"2025-05-20T12:38:17","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777026634"},"modified":"2026-04-21T22:48:26","modified_gmt":"2026-04-22T01:48:26","slug":"macau-ggr-reaches-us1-59m-in-first-18-days-of-may-citigroup-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-reaches-us1-59m-in-first-18-days-of-may-citigroup-says","title":{"rendered":"Macau GGR reaches US$1.59m in first 18 days of May, Citigroup says"},"content":{"rendered":"\n

Analysts say daily average gross gaming revenue was MOP706m.<\/p>\n\n\n\n\n\n\n\n

Macau.- Analysts at Citigroup<\/strong> have estimated that Macau\u2019s gross gaming revenue (GGR)<\/strong> for the first 18 days of May was MOP12.7bn (US$1.59m). The estimated GGR run rate was MOP706m (US$87.6m) per day.<\/p>\n\n\n\n

Analysts\u00a0George Choi\u00a0<\/strong>and\u00a0Timothy Chau<\/strong>\u00a0said the daily run rate for the week of May 12-18 was MOP593m (US$73.6m), a rise of 3 per cent compared to the previous week. Analysts said VIP volume rose 10 to 12 per cent month-on-month, while mass market GGR grew 6 to 8 per cent. The VIP hold rate appeared to be higher compared to the previous week.<\/p>\n\n\n\n

In the first week of the month, the Labour Day golden week<\/strong>, Macau’s GGR reached MOP5.1bn (US$633m), averaging MOP1.02bn (US$127m) per day. That’s a rise of 12 per cent to more than 90 per cent of pre-pandemic levels. The Public Security Police reported that\u00a0850,034 visitors<\/a>\u00a0arrived in Macau during the holiday period<\/strong>. That’s an increase of 40.6 per cent in\u00a0year-on-year terms, surpassing the estimate of 635,000 to 700,000 forecast by Macau Government Tourist Office (MGTO) director\u00a0Maria Helena de Senna Fernandes.<\/strong><\/p>\n\n\n\n

Citigroup said its May 2025 GGR forecast remains unchanged at MOP21bn, up 4 per cent year-on-year. This would represent approximately 81 per cent of the March 2019 levels.<\/p>\n\n\n\n

In April, Macau GGR was MOP18.86bn (US$2.36bn), an increase of 1.7 per cent\u00a0in\u00a0year-on-year terms<\/a>\u00a0but a dip of 4.1\u00a0per cent\u00a0sequentially<\/a>. GGR was 77.33 per cent of April 2019\u2019s level. For the first four months of 2025, GGR was MOP76.51bn (US$9.54bn), up 0.8 per cent year-on-year. The figure was 23.3 per cent lower than the same period of 2019 (MOP99.74bn) (US$12.44bn).<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Macau casino spend per visitor rises in February, analysts say<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Analysts say daily average gross gaming revenue was MOP706m.<\/p>\n","protected":false},"author":176,"featured_media":26764,"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 for the first 18 days of May reached MOP12.7bn, with a daily run rate of MOP706m, driven by a 10-12% month-on-month rise in VIP volume and 6-8% growth in mass market GGR. The Labour Day Golden Week significantly boosted performance, exceeding visitor forecasts, though April saw a sequential GGR dip. Citigroup maintains its May 2025 GGR forecast at MOP21bn, representing 81% of March 2019 levels.","focusai_entities":"Citigroup, George Choi, Timothy Chau, Public Security Police, Macau Government Tourist Office, Maria Helena de Senna Fernandes","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"May GGR Drivers","query":"What specific factors contributed to the sequential increase in Macau's daily GGR run rate from the week of May 12-18 compared to the prior week, particularly concerning the VIP and mass market segments?"},{"label":"Pre-Pandemic Recovery Trajectory","query":"Given the May 2025 GGR forecast of MOP21bn representing 81% of March 2019 levels, what is the projected timeline and key drivers for Macau's GGR to fully recover to pre-pandemic benchmarks?"}],"footnotes":""},"categories":[16338,163],"tags":[23906],"class_list":["post-777026634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026634","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=777026634"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026634\/revisions"}],"predecessor-version":[{"id":777026661,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026634\/revisions\/777026661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26764"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777026634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777026634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777026634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}