{"id":777027016,"date":"2025-05-28T09:26:36","date_gmt":"2025-05-28T12:26:36","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777027016"},"modified":"2026-04-21T22:32:18","modified_gmt":"2026-04-22T01:32:18","slug":"macau-ggr-reaches-us2-17bn-in-first-25-days-of-may-citigroup-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-reaches-us2-17bn-in-first-25-days-of-may-citigroup-says","title":{"rendered":"Macau GGR reaches US$2.17bn in first 25 days of May, Citigroup says"},"content":{"rendered":"\n

Analysts say daily average gross gaming revenue was MOP686m (US$85.3m)\u00a0during the week of May 19 to 25.<\/p>\n\n\n\n\n\n\n\n

Macau.- Analysts at\u00a0Citigroup<\/strong>\u00a0have estimated that Macau\u2019s gross gaming revenue (GGR)<\/strong>\u00a0for the first 25 days of May was\u00a0MOP17.5bn (US$2.17bn). The estimated\u00a0daily run rate was\u00a0MOP686m (US$85.3m) during the week of May 19 to 25. That\u2019s an increase of 16 per cent compared to the previous week’s MOP593m (US$73.7m) per day. Analysts George Choi and Timothy Chau attributed the rise to the opening of the Capella at Galaxy Macau<\/a>.<\/p>\n\n\n\n

Analysts said VIP volume rose by 25 to 30 per cent month-on-month and mass market GGR by about 10 per cent. The VIP hold rate appeared to be higher than the previous week. For the final week of the month, analysts expect GGR to average MOP625m (US$77.7m) per day, up 1 per cent in year-on-year terms.<\/p>\n\n\n\n

Citigroup has raised its May 2025 GGR forecast from MOP21bn (US$2.61bn) to MOP21.25bn (US$2.64bn), which would be a rise of 5 per cent year-on-year and would represent 82 per cent of 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> but 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

The\u00a0Capella at Galaxy Macau<\/strong> is the 10th hotel brand in the portfolio of Galaxy Entertainment Group. It soft-launched in May, and the company anticipates fully opening the property in the next few months. The 17-storey luxury hotel has 36 villas and 57 “jungle-themed” suites.<\/p>\n\n\n

\n
\"Capella
Capella at Galaxy Macau.<\/figcaption><\/figure>\n<\/div>\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>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Analysts say daily average gross gaming revenue was MOP686m (US$85.3m)\u00a0during the week of May 19 to 25.<\/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 gross gaming revenue (GGR) for the first 25 days of May reached MOP17.5bn, with a daily run rate of MOP686m during May 19-25, marking a 16% week-on-week increase. This growth was attributed to a rise in both VIP volume and mass market GGR, partially driven by the soft launch of Capella at Galaxy Macau. Citigroup has subsequently raised its May 2025 GGR forecast to MOP21.25bn, indicating continued market recovery towards pre-pandemic levels.","focusai_entities":"Citigroup, George Choi, Timothy Chau, Galaxy Entertainment Group, Capella at Galaxy Macau","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.7), operator_casino (0.98), marketing_crm (0.75), investor_analyst (0.99), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Recovery Trajectory","query":"What is the projected timeline for Macau's GGR to fully recover to pre-pandemic (2019) levels, considering the current growth rates and new property developments?"},{"label":"Impact of New Properties","query":"How will the full operationalization of Capella at Galaxy Macau and other upcoming integrated resort developments specifically influence market share distribution and GGR segmentation (VIP vs. mass) in the next 12-24 months?"}],"footnotes":""},"categories":[28,16338,158],"tags":[23959,257,24763],"class_list":["post-777027016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","category-slider-home","tag-galaxy-entertainment-group","tag-macau","tag-vip-gaming"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027016","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=777027016"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027016\/revisions"}],"predecessor-version":[{"id":777027031,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027016\/revisions\/777027031"}],"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=777027016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777027016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777027016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}