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Citi Cuts MO Apr GGR Forecast to MOP20B
2026-04-21 10:55:14
Industry data shows that Macau's GGR for the first 19 days of April may have reached approx. MOP12.4 billion, implying that the average daily GGR over the past week was about MOP636 million, about 1% higher than that in the previous week, Citi Research published a research report saying.

The broker believed that part of the weakness in GGR may be due to lower-than-normal VIP hold rates. Citi Research lowered its April GGR forecast from MOP20.5 billion to MOP20 billion, implying an average daily GGR of about MOP691 million for the remaining days of the month.

The broker expected that the Weibo International Entertainment Awards to be held at Galaxy Arena may help alleviate potential weakness in GGR prior to the Labor Day Golden Week.
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AASTOCKS Financial News
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