{"id":777044376,"date":"2026-07-02T07:28:21","date_gmt":"2026-07-02T10:28:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777044376"},"modified":"2026-07-02T07:48:13","modified_gmt":"2026-07-02T10:48:13","slug":"citi-expects-fifa-world-cup-to-continue-weighing-on-macau-ggr-until-july-19","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/citi-expects-fifa-world-cup-to-continue-weighing-on-macau-ggr-until-july-19","title":{"rendered":"Citi expects FIFA World Cup to continue weighing on Macau GGR until July 19"},"content":{"rendered":"\n

Analysts forecast a 5 per cent year-on-year decline in July gaming revenue but expect concerts and entertainment events to drive a recovery after the tournament ends.<\/p>\n\n\n\n\n\n\n\n

Macau.- Citigroup<\/strong> expects the FIFA World Cup 2026<\/strong> to continue weighing on Macau’s gross gaming revenue (GGR). It anticipates a recovery after the tournament concludes on July 19, supported by the city’s busy entertainment calendar. <\/p>\n\n\n\n

The expanded 48-team FIFA World Cup, featuring 104 matches, is having a greater impact on Macau’s gaming industry<\/a> than previous tournaments. Following Macau’s June GGR results, Citi analysts George Choi and Timothy Chau<\/strong> expect it to continue to divert part of consumers’ gaming budgets, maintaining pressure on casino revenues during the first three weeks of July. <\/p>\n\n\n\n

The analysts forecast July GGR of MOP21bn (US$2.6bn), which would be a 5 per cent year-on-year decline<\/strong>. However, they expect the daily gaming run rate to improve to around MOP677m (US$83.7m), up roughly 14.6 per cent from the MOP591m (US$73m) daily average recorded during the final nine days of June.<\/p>\n\n\n\n

Analysts believe the recovery will accelerate after the tournament ends, with a second wave of concerts expected to stimulate casino visitation and gaming demand. Citi highlighted events such as The Music of Chan Fai Young: King of POP, featuring singers Eason Chan and Joey Yung, and Hins Cheung’s UNPLUGGED2 concert as potential catalysts.<\/p>\n\n\n\n

The\u00a0Gaming Inspection and Coordination Bureau (DICJ)\u00a0reported that Macau\u2019s gross gaming revenue (GGR) was MOP18.52bn (US$2.8bn)<\/a> in June, down 12.1 per cent in year-on-year terms and 18.1 per cent compared to\u00a0May<\/a>.<\/p>\n\n\n\n

<\/p>\n\n\n\n


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\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Expanded FIFA World Cup could weigh on Macau GGR more than previous editions, Citi says\u00a0<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Analysts forecast a 5 per cent year-on-year decline in July gaming revenue but expect concerts and entertainment events to drive a recovery after the tournament ends.<\/p>\n","protected":false},"author":226,"featured_media":777027980,"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 analysts forecast a 5% year-on-year decline in Macau's July Gross Gaming Revenue (GGR), attributing the pressure to the expanded FIFA World Cup 2026 diverting consumer gaming budgets. A recovery is anticipated post-July 19, driven by an active entertainment calendar featuring high-profile concerts. This analysis follows Macau's June GGR of MOP18.52bn, which was down 12.1% year-on-year.","focusai_entities":"Citigroup, George Choi, Timothy Chau, Eason Chan, Joey Yung, Hins Cheung, Gaming Inspection and Coordination Bureau (DICJ)","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.8), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"World Cup GGR Impact","query":"What long-term structural shifts in consumer gaming behavior might the expanded FIFA World Cup induce, and how will Macau's integrated resorts adapt their gaming vertical strategies?"},{"label":"Non-Gaming Diversification Efficacy","query":"To what extent can Macau's non-gaming entertainment offerings consistently offset GGR volatility caused by external factors, and what is the projected ROI on these diversification investments?"}],"footnotes":""},"categories":[28,16338],"tags":[25333,512,257],"class_list":["post-777044376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-citi","tag-gaming","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044376","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=777044376"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044376\/revisions"}],"predecessor-version":[{"id":777044386,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044376\/revisions\/777044386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777027980"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777044376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777044376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777044376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}