{"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":"2026-07-02T11:22:30","modified_gmt":"2026-07-02T14:22:30","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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