{"id":777031777,"date":"2025-09-17T08:07:39","date_gmt":"2025-09-17T11:07:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777031777"},"modified":"2026-04-21T19:06:19","modified_gmt":"2026-04-21T22:06:19","slug":"citigroup-cuts-macau-september-ggr-forecast","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/citigroup-cuts-macau-september-ggr-forecast","title":{"rendered":"Citigroup cuts Macau September GGR forecast"},"content":{"rendered":"\n

Analysts expect September gaming revenue to reach US$2.4bn.<\/p>\n\n\n\n\n\n\n\n

Macau.- Citigroup<\/strong> has revised downwards its gross gaming revenue (GGR) forecast for September. Analysts now expect GGR to reach MOP19.5bn (US$2.4bn)<\/strong>, down from a previous estimate of MOP20bn (US$2.48bn).<\/p>\n\n\n\n

Citigroup said that GGR for the first 14 days of September<\/strong> likely reached about MOP8.8bn (US$1.1bn), with an average daily run rate of MOP621m (US$77m) in the second week coming around 2 per cent behind than the first week. Analysts attributed the slowdown to fewer events. <\/p>\n\n\n\n

Citigroup<\/strong>\u00a0recently revised upwards<\/a>\u00a0its forecast for the full year to MOP248.6bn (US$31.1bn), up from a previous estimate of MOP235.7bn (US$29.15bn).\u00a0Analysts\u00a0George Choi<\/strong>\u00a0and\u00a0Timothy Chau<\/strong>\u00a0noted that this would imply 14-per cent year-on-year growth for the rest of the year.<\/p>\n\n\n\n


<\/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> Citigroup expects Macau GGR to rise 10% year-on-year in August<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Analysts expect September gaming revenue to reach US$2.4bn.<\/p>\n","protected":false},"author":226,"featured_media":26451,"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 slightly revised its September Gross Gaming Revenue (GGR) forecast for Macau downwards to US$2.4bn, citing a slowdown attributed to fewer events. Despite this minor adjustment, the firm has increased its full-year GGR projection to US$31.1bn, indicating an expected 14% year-on-year growth for the remainder of the period.","focusai_entities":"Citigroup, George Choi, Timothy Chau","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 (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What specific events or lack thereof contributed to the September GGR slowdown, and how might future event scheduling impact Q4 performance for Macau's gaming verticals?"},{"label":"Full-Year Growth Drivers","query":"Given the upward revision for the full year, what are the primary drivers expected to sustain the 14% year-on-year growth for the remainder of the period, particularly concerning VIP vs. mass market segments?"}],"footnotes":""},"categories":[16338,163],"tags":[29,24619,23906],"class_list":["post-777031777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-casino","tag-finance","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031777","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777031777"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031777\/revisions"}],"predecessor-version":[{"id":777031818,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031777\/revisions\/777031818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26451"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777031777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}