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2026-05-19 10:34:34 Macau's GGR for the first 17 days of May was estimated to have reached about MOP12.65 billion, Citi said in a report, citing industry sources. The average daily GGR for the past week was about MOP693 million, down about 11% from the average of about MOP780 million in the first 10 days of May (including the Labor Day holiday), but up about 1% from the average of about MOP684 million in the same period of May 2025. SANDS CHINA LTD (01928.HK) will soon host an IVE concert at The Venetian Arena, while GALAXY ENT (00027.HK) will hold an EXO concert and a UFC Fight Night event at Galaxy Arena. The broker believed these large-scale events are expected to boost gaming demand. Citi conservatively maintained its May GGR forecast at MOP22.5 billion, representing a YoY increase of 6%, implying that average daily GGR needs to reach about MOP704 million for the remaining days of the month. ~ AASTOCKS Financial News Website: www.aastocks.com | |