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<Research>Citi: MO Mar GGR Beats; Apr GGR Forecasted at MOP21B
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Macau's GGR for March 2026 reached MOP22.612 billion, with a daily average of about MOP729 million, up 15% YoY, about 88% of the level in March 2019, Citi Research issued a research report saying. The figure was about 3% higher than its forecast of MOP22 billion and around 4% ahead of the market consensus of MOP21.8 billion. Macau's event event calendar remains rich in April, including concerts by Hong Kong singer Hacken Lee, Thai actor and singer Billkin, Chinese boyband T.O.P., as well as the Weibo International Entertainment Awards 2026, Citi Research added. The broker conservatively forecasted Macau's April GGR to reach MOP21 billion, with a daily average GGR of about MOP700 million, implying an 11% YoY increase. Auto-translated by AI AASTOCKS Financial News |
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