Citi Keeps Macau Gaming Revenue Growth Forecast at 6% for the Year

Deep News

1 hour ago

Citi has released a research report indicating that its recent survey of premium mass-market gaming tables revealed weaker-than-expected Macau gaming revenue in June and July this year, which the bank attributes primarily to the impact of the World Cup rather than any structural decline.

The report notes that high-end mass-market players remain enthusiastic about Macau's gaming and non-gaming offerings. The survey of 31 heavyweight VIP customers showed that the average bet per hand surged 54% year-on-year to HK$243,500, reflecting that premium players still possess strong spending appetite and capability.

Citi maintains its forecast of 6% year-on-year growth for Macau's full-year gaming revenue, with its sector stock preferences ranked as follows: Galaxy Entertainment (00027), Wynn Macau (01128), MGM China (02282), Sands China (01928), Melco Resorts (MLCO.US), and SJM Holdings (00880).

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The survey of 31 heavyweight VIP customers showed that the average bet per hand surged 54% year-on-year to HK$243,500, reflecting that premium players still possess strong spending appetite and capability.<br><br>Citi maintains its forecast of 6% year-on-year growth for Macau's full-year gaming revenue, with its sector stock preferences ranked as follows: <b>Galaxy Entertainment</b> (00027), <b>Wynn Macau</b> (01128), <b>MGM China</b> (02282), <b>Sands China</b> (01928), <b>Melco Resorts</b> (MLCO.US), and <b>SJM Holdings</b> (00880).<br><br></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2360032135.SGD","symbol_name":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","start_time":0,"source_url":"","article_id":"1158102450","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1158102450","pubTimestamp":1787544032,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Citi has released a research report indicating that its recent survey of premium mass-market gaming tables revealed weaker-than-expected Macau gaming revenue in June and July this year, which the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","BK4559":"巴菲特持仓","LU0106831901.USD":"贝莱德世界金融基金A2","BK4588":"碎股","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","BK4566":"资本集团","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","IYF":"金融指数ETF-iShares Dow Jones","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD)  INC AV","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","TFNS":"T. 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The survey of 31 heavyweight VIP customers showed that the average bet per hand surged 54% year-on-year to HK$243,500, reflecting that premium players still possess strong spending appetite and capability.Citi maintains its forecast of 6% year-on-year growth for Macau's full-year gaming revenue, with its sector stock preferences ranked as follows: Galaxy Entertainment (00027), Wynn Macau (01128), MGM China (02282), Sands China (01928), Melco Resorts (MLCO.US), and SJM Holdings (00880).","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}