{"id":777034675,"date":"2025-11-17T07:41:51","date_gmt":"2025-11-17T10:41:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777034675"},"modified":"2026-04-21T17:03:21","modified_gmt":"2026-04-21T20:03:21","slug":"macau-ggr-reaches-us1-4bn-in-first-16-days-of-november-citigroup-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-reaches-us1-4bn-in-first-16-days-of-november-citigroup-says","title":{"rendered":"Macau GGR dip due to National Games, Citigroup says"},"content":{"rendered":"\n

Analysts say daily average gross gaming revenue was US$83.7m.<\/p>\n\n\n\n\n\n\n\n

Macau.- Analysts at Citigroup have estimated that Macau\u2019s gross gaming revenue (GGR) for the first 16 days of November was MOP11.1bn (US$1.4bn). The estimated daily run rate for the second week of the month was MOP671m (US$83.7m), a 6 per cent decline compared with the first nine days of November (MOP711m).<\/p>\n\n\n\n

It is estimated that VIP volumes declined by between 6 per cent and 8 per cent, compared with October and mass GGR by between 8 per cent and 10 per cent. VIP hold rates appeared to be unchanged.\u00a0<\/p>\n\n\n\n

Analysts George Choi and Timothy Chau\u00a0suggest hotel occupation by athletes for the National Games, which Macau is co-hosting with Guangdong and Hong Kong until November 21, may have led to a minor moderation of GGR due to a dip in average players\u2019 length of stay (and play).<\/p>\n\n\n\n

Citigroup is maintaining its November GGR forecast at MOP20.5bn (US$2.56bn), up 11 per cent year-on-year. It believes daily GGR will remain at or MOP671m (US$83.9m) for the rest of the month.<\/p>\n\n\n\n

The Gaming Inspection and Coordination Bureau (DICJ) reported that Macau\u2019s gross gaming revenue (GGR) was MOP24.09bn (US$3bn) in October<\/a>. That\u2019s an increase of 15.9 per cent in year-on-year terms and up 31.7 per cent compared to September\u2019s GGR<\/a> of MOP18.3bn (US$2.27bn). <\/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> Jefferies lifts growth forecast for Macau\u2019s casino sector<\/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 US$83.7m.<\/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":"Macau's gross gaming revenue (GGR) for the first 16 days of November is estimated at MOP11.1bn (US$1.4bn), with a daily run rate of MOP671m (US$83.7m), a 6% decline from the first nine days. Citigroup maintains its November GGR forecast at MOP20.5bn (US$2.56bn), an 11% year-on-year increase, despite a minor moderation attributed to the National Games impacting player length of stay.","focusai_entities":"Citigroup, George Choi, Timothy Chau, Gaming Inspection and Coordination Bureau, DICJ, Jefferies","focusai_location":"Macau, Guangdong, Hong Kong","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GGR Forecast Discrepancies?","query":"How does Citigroup's November GGR forecast of MOP20.5bn compare to projections from other leading capital market analysts covering the Macau gaming sector?"},{"label":"National Games Impact Analysis?","query":"What is the granular breakdown of the National Games' impact on VIP versus mass market GGR, specifically regarding average player length of stay and play duration?"}],"footnotes":""},"categories":[16338,163,24628],"tags":[24868,24619,257],"class_list":["post-777034675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-highlight-of-the-week","tag-citigroup","tag-finance","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777034675","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=777034675"}],"version-history":[{"count":9,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777034675\/revisions"}],"predecessor-version":[{"id":777034714,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777034675\/revisions\/777034714"}],"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=777034675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777034675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777034675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}