{"id":777038852,"date":"2026-03-09T07:21:57","date_gmt":"2026-03-09T10:21:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777038852"},"modified":"2026-04-21T13:44:12","modified_gmt":"2026-04-21T16:44:12","slug":"concert-driven-tourism-keeps-macaus-march-ggr-on-track-for-14-growth-citi-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/concert-driven-tourism-keeps-macaus-march-ggr-on-track-for-14-growth-citi-says","title":{"rendered":"Concert-driven tourism keeps Macau\u2019s March GGR on track for 14% growth, Citi says"},"content":{"rendered":"\n

Analysts say concerts at integrated resorts helped boost early March gaming revenue in Macau.<\/p>\n\n\n\n\n\n\n\n

Macau.- Analysts at Citigroup<\/strong> reported that Macau\u2019s gross gaming revenue (GGR) saw a solid start in early March. They said large concerts at integrated resorts, including K-pop boy band TREASURE at The Venetian Arena and Chinese singer-songwriter Wang Sulong and Korean girl group aespa at Galaxy Arena helped support demand.<\/p>\n\n\n\n

hese included concerts by. \u201cWe believe concerts\u2026 might have contributed to Macau\u2019s solid start in Mar-26,\u201d the analysts said.<\/p>\n\n\n\n

According to the research note, Macau generated around MOP5.65bn (US$702m) in GGR during the first eight days of March. That equates to a daily run-rate of around MOP706m (US$87.7m). Although slightly lower than February\u2019s average<\/strong> of around MOP737m (US$91.6m), it was significantly higher than the comparable period in March 2025, when daily GGR averaged MOP634m (US$78.8m).<\/p>\n\n\n\n

Based on this performance, Citigroup maintained its forecast that Macau\u2019s GGR for March could reach about MOP22.5bn (US$2.8bn)<\/strong>, representing a year-on-year increase of 14 per cent.<\/p>\n\n\n\n

Industry checks suggested that VIP volumes declined <\/strong>between 2 per cent and 4 per cent month-on-month, while mass-market GGR fell by roughly 3 per cent to 5 per cent over the same period.<\/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> SJM posts 2025 loss as satellite casino closures impact results<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Analysts say concerts at integrated resorts helped boost early March gaming revenue in Macau.<\/p>\n","protected":false},"author":226,"featured_media":777038856,"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) demonstrated a robust start in early March, reaching MOP5.65bn (US$702m) in the first eight days, largely supported by major concerts at integrated resorts. Citigroup analysts maintain their March GGR forecast at MOP22.5bn (US$2.8bn), a 14% year-on-year increase, despite slight month-on-month declines in VIP and mass-market volumes.","focusai_entities":"Citigroup, TREASURE, The Venetian Arena, Wang Sulong, aespa, Galaxy Arena, SJM","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Concert GGR uplift analysis?","query":"What specific methodologies are employed to disaggregate the GGR uplift directly attributable to non-gaming events like concerts versus baseline gaming demand in Macau's integrated resorts?"},{"label":"Macau GGR forecast revision?","query":"Given the slight month-on-month decline in VIP and mass-market volumes, what are the key upside or downside risks to Citigroup's MOP22.5bn March GGR forecast?"}],"footnotes":""},"categories":[16338,163,24628,158],"tags":[29,24868,24619,257],"class_list":["post-777038852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-highlight-of-the-week","category-slider-home","tag-casino","tag-citigroup","tag-finance","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038852","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=777038852"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038852\/revisions"}],"predecessor-version":[{"id":777038887,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038852\/revisions\/777038887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777038856"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777038852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777038852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777038852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}