HSI1 26,413.35 -292.59 165.37B
HSCEI1 8,959.56 -110.76 56.61B
Back    Zoom +    Zoom - Block Traded
Citi Lowers Feb MO GGR Forecast to MOP20B
2026-02-20 10:49:33
Macau's GGR for the first 15 days of February may reach approx. MOP8.8 billion, implying that the average daily GGR for the previous week was about MOP543 million, approx. 26% lower than January's average daily GGR of around MOP730 million, also about 13% below the average daily GGR of approx. MOP625 million during the first 8 days of February 2025, Citi Research issued a research report saying.

Citi Research believed that the slowdown in average daily GGR may be due to seasonal factors before the Lunar New Year (LNY) and a lower-than-normal VIP hold rate.

VIP volumes fell by about 18-20% MoM, while mass GGR decreased by about 15-17% MoM, reflecting a lower VIP hold rate, The broker quoted industry data as saying.

Citi Research now lowered its February GGR forecast from MOP20.5 billion to MOP20 billion, representing a YoY increase of about 1%, implying an average daily GGR for the remainder of the month of approx. MOP862 million.
~

AASTOCKS Financial News
Website: www.aastocks.com