{"id":777028791,"date":"2025-07-08T09:20:24","date_gmt":"2025-07-08T12:20:24","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777028791"},"modified":"2026-04-21T21:11:05","modified_gmt":"2026-04-22T00:11:05","slug":"macau-gaming-revenue-rises-on-the-back-of-summer-events-citi-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-revenue-rises-on-the-back-of-summer-events-citi-says","title":{"rendered":"Macau gaming revenue continues upward trend on the back of summer events, Citi says"},"content":{"rendered":"\n<p>Entertainment has driven strong early July figures.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The start of July saw a year-on-year rise in gross gaming revenue (GGR) in Macau, driven by summer tourism and <a href=\"https:\/\/focusgn.com\/asia-pacific\/jacky-cheung-concerts-fuel-rise-in-june-gaming-revenue-in-macau\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/jacky-cheung-concerts-fuel-rise-in-june-gaming-revenue-in-macau\" target=\"_blank\" rel=\"noreferrer noopener\">concerts from Cantopop icon Jacky Cheung<\/a>. According to Citigroup analysts George Choi and Timothy Chau, GGR  reached MOP4.bn (US$537m) over the first six days of the month, equating to a daily run-rate of approximately MOP717m (US$89.6m). That&#8217;s a 30 per cent increase year-on-year.<\/p>\n\n\n\n<p>The figures continue the positive momentum from June, which saw GGR reach MOP21.06bn (US$2.60bn), up 19 per cent year-on-year. Analysts attributed the results to Cheung\u2019s concerts at Galaxy Arena, emphasising the growing importance of non-gaming attractions.<\/p>\n\n\n\n<p>Citigroup has revised its July GGR forecast up by 2.6 per cent from MOP19.5bn to MOP20bn (US$2.5bn). That would represent an 8 per cent year-on-year gain to 82 per cent of July 2019&#8217;s pre-pandemic performance.<\/p>\n\n\n\n<p>It forecasts a GGR run rate of about MOP628m (US$78.5m) per day following Cheung\u2019s concert series. Upcoming shows by Hong Kong pop stars Aaron Kwok and Sandy Lam may offer some continued boost, but likely not at the same level.<\/p>\n\n\n\n<p>VIP volumes were largely flat month-on-month, while mass market GGR increased between 2 to 4 per cent. Analysts also noted that VIP hold rates appeared above average, helping to lift overall performance. For the year to date, Macau\u2019s GGR has risen 4.4 per cent year-on-year to MOP118.8bn (US$14.85bn).<\/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\/2022\/08\/16613589691638269346Ohio-casinos-and-racinos-report-their-best-record-on-record-194.3m-revenue-in-August-300x200.jpg\" alt=\"\"><\/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-to-reach-us30bn-in-2025-says-clsa'>Macau GGR to reach US$30.1bn in 2025, CLSA says<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Entertainment has driven strong early July figures.<\/p>\n","protected":false},"author":680,"featured_media":777027981,"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) saw a robust 30% year-on-year increase in early July, reaching MOP4.3bn, primarily driven by summer tourism and non-gaming attractions like Jacky Cheung's concerts. Citigroup analysts have revised July's GGR forecast upwards to MOP20bn, projecting an 8% year-on-year gain, nearing 82% of pre-pandemic levels, with mass market GGR showing modest growth.","focusai_entities":"Citigroup, George Choi, Timothy Chau, Jacky Cheung, Galaxy Arena, Aaron Kwok, Sandy Lam, CLSA","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Non-Gaming Impact","query":"What specific ROI metrics are Macau operators tracking for non-gaming attractions, and how do these compare to traditional gaming vertical profitability?"},{"label":"Mass Market Growth","query":"Given the modest mass market GGR increase, what are the projected long-term growth drivers for this segment, and how are operators adapting their acquisition strategies?"}],"footnotes":""},"categories":[157,16338],"tags":[24685,257],"class_list":["post-777028791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-gaming-revenue","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028791","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\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777028791"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028791\/revisions"}],"predecessor-version":[{"id":777028802,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028791\/revisions\/777028802"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777027981"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777028791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777028791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777028791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}