{"id":777042441,"date":"2026-05-20T12:19:58","date_gmt":"2026-05-20T15:19:58","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777042441"},"modified":"2026-05-22T11:50:05","modified_gmt":"2026-05-22T14:50:05","slug":"citigroup-projects-macau-ggr-to-reach-mop22-5bn","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/citigroup-projects-macau-ggr-to-reach-mop22-5bn","title":{"rendered":"Citigroup maintains Macau GGR forecast"},"content":{"rendered":"\n<p>Daily GGR must reach about MOP704m (US$87.2m) for the remainder of the month to meet the full-month target.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Investment bank <strong>Citigroup<\/strong> has kept its forecast for Macau\u2019s May gross gaming revenue (GGR) at MOP22.5bn (US$2.79bn). That would represent a 6 per cent year-on-year increase and implies that average daily GGR must reach about MOP704m (US$87.2m) for the remainder of the month.<\/p>\n\n\n\n<p>Citi data shows Macau\u2019s GGR reached MOP12.65bn (US$1.57bn) in the first 17 days of May. Average daily revenue in the last week stood at MOP693m (US$85.9m), down roughly 11 per cent from around MOP780m (US$96.7m) in the first 10 days of the month, which included the Labour Day holiday period.<\/p>\n\n\n\n<p>Despite the expected week-on-week decline, daily revenue was still about 1 per cent higher than the same period last year, when it averaged MOP684m (US$84.8m). Upcoming events, including concerts and sporting programmes hosted by major operators are expected to support gaming through the remainder of May, including the IVE concert to be staged by <strong>Sands China at the Venetian Arena<\/strong>, as well as an EXO concert and UFC Fight Night at <strong>Galaxy Entertainment\u2019s Galaxy Arena<\/strong>.<\/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\/2021\/04\/Moodys-upgrades-Scientific-Games-outlook-to-stable-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\/moodys-downgrades-sjm-holdings-to-b1-revises-outlook-to-stable'>Moody\u2019s downgrades SJM Holdings and revises outlook<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Daily GGR must reach about MOP704m (US$87.2m) for the remainder of the month to meet the full-month target.<\/p>\n","protected":false},"author":2395,"featured_media":777034732,"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 maintains its MOP22.5bn (US$2.79bn) GGR forecast for Macau in May, representing a 6% year-on-year increase, despite a post-Labour Day slowdown. Achieving this target necessitates an average daily GGR of MOP704m (US$87.2m) for the remainder of the month, with major operator-hosted entertainment events expected to bolster performance.","focusai_entities":"Citigroup, Sands China, Galaxy Entertainment, SJM Holdings, Moody's, IVE, EXO, UFC","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), operator_casino (1.0), investor_analyst (1.0), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Macau GGR Q2 Outlook?","query":"How will the projected MOP704m daily GGR for the remainder of May impact the Q2 earnings outlook for listed Macau operators, considering the recent week-on-week decline?"},{"label":"VIP vs. Mass GGR?","query":"What is the current VIP versus Mass GGR segmentation in Macau, and how might upcoming entertainment events influence this critical revenue mix?"}],"footnotes":""},"categories":[16338,163,24628,158],"tags":[29,23908,257],"class_list":["post-777042441","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-gaming-regulation","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042441","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=777042441"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042441\/revisions"}],"predecessor-version":[{"id":777042453,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042441\/revisions\/777042453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777034732"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777042441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777042441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777042441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}