{"id":777035182,"date":"2025-11-27T08:17:27","date_gmt":"2025-11-27T11:17:27","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777035182"},"modified":"2026-04-21T16:38:10","modified_gmt":"2026-04-21T19:38:10","slug":"macau-concerts-boost-gaming-market-share-citigroup-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-concerts-boost-gaming-market-share-citigroup-says","title":{"rendered":"Macau concerts boost gaming market share, Citigroup says"},"content":{"rendered":"\n

Control of major arenas is giving some Macau casino operators an edge.<\/p>\n\n\n\n\n\n\n\n

Macau.- Some casino operators’ market share is benefiting from Macau’s concert line up, Citigroup says. The bank\u2019s analysts highlight that operators hosting top-tier concerts at their own venues are gaining a competitive advantage that translates into higher premium-mass play.<\/p>\n\n\n\n

Citigroup notes that event-hosting operators typically receive up to 50 per cent of the best seats from promoters. These are then offered to premium players, who must commit to checking in a predetermined amount of cash. With the remaining five concessionaires forced to split the leftover top-tier seats, hosting operators can boost their gaming market share.<\/p>\n\n\n\n

The bank cites the example of cantopop star Jacky Cheung’s nine sold-out shows at the 15,000-seat Galaxy Arena<\/a>. Galaxy Entertainment Group saw GGR market share climb to 20.5 per cent, and margins to 29.6 per cent.<\/p>\n\n\n\n

Hosting major events also helps operators fulfil their non-gaming investment commitments for the 2023\u20132032 concession period, aligning with the government\u2019s push to position Macau as a \u201cCity of Entertainment.\u201d<\/p>\n\n\n\n

Due to regulatory constraints in mainland China, Macau has become a key destination for K-pop concerts, with appearances rising from 9 in 2023 to 59 so far this year. Despite ticket prices being significantly higher than in the mainland, most shows continue to sell out.<\/p>\n\n\n\n

Citigroup sees Galaxy Entertainment, Sands China, Damai, and Tencent Music Entertainment as particularly well-positioned to benefit from the growth of Macau\u2019s live-event sector thanks to their control of major arenas, ticketing platforms and promoter partnerships.<\/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 moves awards contract to turn former greyhound venue into public sports park<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Control of major arenas is giving some Macau casino operators an edge.<\/p>\n","protected":false},"author":680,"featured_media":26542,"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 casino operators are leveraging major concert events hosted at their venues to gain a competitive edge, driving higher premium-mass play and increasing GGR market share, according to Citigroup. This strategy, exemplified by Galaxy Entertainment Group's performance, also aids in fulfilling non-gaming investment commitments for the 2023\u20132032 concession period. Operators controlling arenas and ticketing platforms are well-positioned to capitalize on Macau's growing live-event sector.","focusai_entities":"Citigroup, Galaxy Entertainment Group, Sands China, Damai, Tencent Music Entertainment, Jacky Cheung","focusai_location":"Macau, China","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":"Impact on Concessionaires?","query":"How might this concert-driven premium-mass strategy influence the GGR market share and profitability of Macau's remaining concessionaires lacking major arena control?"},{"label":"Non-Gaming Investment ROI?","query":"What is the projected return on investment for Macau operators' non-gaming infrastructure, specifically major arenas, considering their dual role in regulatory compliance and GGR uplift?"}],"footnotes":""},"categories":[157,16338],"tags":[227,23959,23906],"class_list":["post-777035182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-china","tag-galaxy-entertainment-group","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035182","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=777035182"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035182\/revisions"}],"predecessor-version":[{"id":777035192,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035182\/revisions\/777035192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26542"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777035182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777035182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777035182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}