{"id":777045060,"date":"2026-07-20T07:00:51","date_gmt":"2026-07-20T10:00:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777045060"},"modified":"2026-07-20T10:16:34","modified_gmt":"2026-07-20T13:16:34","slug":"citi-forecasts-5-decline-in-macau-july-ggr-despite-post-world-cup-recovery","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/citi-forecasts-5-decline-in-macau-july-ggr-despite-post-world-cup-recovery","title":{"rendered":"Macau GGR rises as World Cup impact wanes"},"content":{"rendered":"\n<p>Daily gaming revenue has improved in the past week.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- <strong>Citigroup<\/strong> Analysts <strong>George Choi <\/strong>and <strong>Timothy Chau<\/strong> have said that Macau&#8217;s average daily GGR improved to MOP679m (US$84m) last week, up from MOP621m (US$76.8m) in the week beginning July 6.  However, the group is maintaining its July forecast of MOP 21bn, which implies average daily GGR of MOP746m (US$92.3m) over the remaining 12 days as the analysts believe the recovery is not strong enough to offset softer performance earlier in the month.\u00a0 <\/p>\n\n\n\n<p>Citi remains constructive on Macau&#8217;s medium-term outlook. Analysts expect an upcoming wave of concerts to <strong>stimulate casino visitation and gaming demand<\/strong> following yesterday&#8217;s conclusion of the World Cup. They highlighted events such as The Music of Chan Fai Young: King of POP, featuring singers Eason Chan and Joey Yung, and Hins Cheung\u2019s UNPLUGGED2 concert as potential catalysts.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><br><\/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\/2023\/06\/1686836550macau-loses-95-of-mass-and-vip-business-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\/jefferies-expects-macau-ggr-recovery-from-august-despite-lowering-2026-forecast'>Jefferies lowers Macau GGR forecast, expects recovery from August<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Daily gaming revenue has improved in the past week.<\/p>\n","protected":false},"author":226,"featured_media":26542,"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 average daily GGR improved to MOP679m last week, up from MOP621m, yet Citigroup analysts maintain their MOP21bn July forecast, implying a stronger recovery is needed. The medium-term outlook remains constructive, with upcoming concerts and the conclusion of the World Cup expected to stimulate casino visitation and gaming demand.","focusai_entities":"Citigroup, George Choi, Timothy Chau, Eason Chan, Joey Yung, Hins Cheung, Jefferies","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), operator_casino (1.0), marketing_crm (0.8), investor_analyst (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Forecast Accuracy","query":"What specific factors underpin Citigroup's confidence in a MOP746m average daily GGR for the remainder of July, despite earlier softness, and how does this compare to other sell-side consensus estimates?"},{"label":"Concert Impact on Visitation","query":"How are Macau's integrated resorts strategically leveraging the upcoming concert series and post-World Cup period to optimize non-gaming revenue streams and drive incremental gaming visitation?"}],"footnotes":""},"categories":[16338,163,24628,158],"tags":[29,24619,257],"class_list":["post-777045060","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-finance","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777045060","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=777045060"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777045060\/revisions"}],"predecessor-version":[{"id":777045080,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777045060\/revisions\/777045080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26542"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777045060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777045060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777045060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}