{"id":777036932,"date":"2026-01-19T13:24:05","date_gmt":"2026-01-19T16:24:05","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777036932"},"modified":"2026-04-21T15:13:45","modified_gmt":"2026-04-21T18:13:45","slug":"citi-reports-surge-in-macau-whale-betting-in-january","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/citi-reports-surge-in-macau-whale-betting-in-january","title":{"rendered":"Citi reports surge in Macau \u201cwhale\u201d betting in January"},"content":{"rendered":"\n<p>Wagering by high-value players rose 72.3 per cent year on year to HKD8.1m.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Investment banking company <strong>Citigroup<\/strong> has noted a <strong>16.7 per cent increase<\/strong> in the number of high-value players in the Macau casino market in January, <strong>rising from 24 to 28<\/strong>.<\/p>\n\n\n\n<p>As highlighted in the bank\u2019s table survey for the month, wagering by these players rose <strong>72.3 per cent year on year to HKD8.1m <\/strong>(US$1.04m), from <strong>HKD4.7m<\/strong> (US$0.60m) in January 2025. This equates to an average of <strong>about HKD290,000<\/strong> (US$37,000) per player, <strong>up 49 per cent <\/strong>year on year.<\/p>\n\n\n\n<p>Citi reported that its \u201cPlayer of the Month\u201d staked <strong>HKD1.0m <\/strong>(US$0.13m) at the <strong>Horizon Room at Galaxy Macau<\/strong>, operated by <strong>Galaxy Entertainment Group Ltd<\/strong>. Other notable wagers included a <strong>HKD850,000<\/strong> (US$0.11m) high roller at the high-limit area of <strong>City of Dreams<\/strong>, run by <strong>Melco Resorts &amp; Entertainment Ltd<\/strong>, and a HKD640,000 (US$0.08m) whale at <strong>Wynn Macau Ltd\u2019s Chairman\u2019s Club at Wynn Palace<\/strong>.<\/p>\n\n\n\n<p>The bank attributed the rise in wagering levels to incentives such as concert tickets for top players, featuring acts including <strong>Blackpink in Hong Kong, Raymond Lam at the Venetian Arena<\/strong>, and <strong>Dylan Wang at Galaxy Entertainment\u2019s Galaxy Arena<\/strong>.<\/p>\n\n\n\n<p>In the premium mass segment, Citi said total wagered volume in its January survey increased by <strong>about 25 per cent year on year to HKD16.0m<\/strong> (US$2.06m). However, the number of premium mass players fell by <strong>around 11 per cent to 564<\/strong>. Average spending per player rose <strong>41 per cent to HKD28,424<\/strong> (US$3,650), from <strong>HKD20,160 <\/strong>(US$2,590) a year earlier.<\/p>\n\n\n\n<p>According to Citi, Galaxy Entertainment regained the leading position in premium mass play in January with a market share of about <strong>25 per cen<\/strong>t, two percentage points lower than in January 2025. Melco Entertainment ranked second with <strong>20.9 per cent<\/strong>, while Wynn Macau Ltd and Sands China followed with <strong>20.3 per cent<\/strong> and <strong>20.2 per cent, <\/strong>respectively.<\/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\/2020\/11\/melco-sees-85-drop-in-revenue-in-q3-300x200.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\/melco-aligns-with-macau-operators-on-confirmed-salary-hikes'>Melco aligns with Macau operators on confirmed salary hikes<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Wagering by high-value players rose 72.3 per cent year on year to HKD8.1m.<\/p>\n","protected":false},"author":2395,"featured_media":777034484,"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's January survey of the Macau casino market reveals a significant 72.3% year-on-year increase in high-value player wagering, reaching HKD8.1m, driven by a 16.7% rise in player count and enhanced incentives. The premium mass segment also saw a 25% increase in wagered volume to HKD16.0m, despite an 11% decline in player numbers, indicating higher average spend per player. Galaxy Entertainment regained the leading market share in premium mass play.","focusai_entities":"Citigroup, Galaxy Macau, Galaxy Entertainment Group Ltd, City of Dreams, Melco Resorts & Entertainment Ltd, Wynn Macau Ltd, Sands China, Blackpink, Raymond Lam, Dylan Wang","focusai_location":"Macau, Hong Kong","focusai_target_profile":"ceo_executive (0.95), regulator (0.7), operator_casino (0.98), marketing_crm (0.9), investor_analyst (0.99), supplier_vendor (0.75), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Incentive ROI Analysis","query":"What is the estimated return on investment for the concert ticket incentives in driving the observed increase in high-value player wagering, considering the associated promotional costs?"},{"label":"Premium Mass Strategy","query":"Given the decline in premium mass player count but an increase in average spend, what strategic adjustments are operators implementing to optimize yield from this segment?"}],"footnotes":""},"categories":[28,16338],"tags":[29,24619,23906],"class_list":["post-777036932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-casino","tag-finance","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036932","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777036932"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036932\/revisions"}],"predecessor-version":[{"id":777036939,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036932\/revisions\/777036939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777034484"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777036932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777036932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777036932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}