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2026-07-14 12:18:07 Citi published a research report, citing industry sources that Macau's gaming revenue for the first 12 days of Jul 2026 is estimated to have reached approximately MOP7.3 billion. During the past week, average daily GGR was about MOP621 million, around 5% higher than the approximately MOP590 million average daily GGR recorded in the first five days of Jul. The bank analyzed that this was mainly because there were fewer World Cup matches (8 matches) last week than in the first five days of Jul (14 matches). According to industry sources, mass-market GGR fell approximately 2% to 4% MoM, while VIP GGR declined about 0% to 3% MoM. However, the VIP segment's win rate rebounded from the level seen in the first five days of Jul. Citi noted that with only four matches remaining in the tournament, Macau GGR is expected to continue recovering. After the tournament concludes, a series of star-studded events in Macau are expected to quickly help gaming revenue return to normal levels. The bank currently maintains its forecast for Jul gaming revenue at MOP21 billion (down 5% YoY), implying that average daily GGR for the remaining days of Jul will need to reach approximately MOP721 million. (ad/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |