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Citi Trims MO Sep GGR Forecast to MOP18B on Weirdly Lukewarm Betting Sentiment
2026-09-21 11:45:48
The survey results for Macau's premium mass gaming tables in Sep 2026 were among the weakest in recent years, Citi said in a research report. Based on observations, casino floors in general were quieter than three months earlier when the World Cup had just begun, although the reasons for the weak sentiment remain unclear for now. Therefore, the broker cautiously lowered its Sep GGR forecast from MOP19 billion to MOP18 billion, implying that Macau's 3Q26 GGR may decline 4% YoY.

The broker said total wagers observed in premium mass in Sep fell 45% YoY to HKD6.8 million, vs HKD12.3 million in Sep 2025. The number of premium mass players sank 20% YoY to 401, while the average wager per player dropped 31% YoY to HKD16,958. Premium mass table utilization in Sep was about 38%, below the historical average of about 43% and also lower than 39% in the same period last year.
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