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00880 SJM HOLDINGS
RTNominal down2.800 -0.060 (-2.098%)
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20/06/2018 14:41

[I-bank focus]Citi sees upside risk to June GGR of MOP23.5bn

[ET Net News Agency, 20 June 2018] Citi Research cited its gaming industry sources
saying that Macau GGR for the first 18 days could have reached MOP15.4bn. This has been
achieved despite the noise on Union Pay.
The daily run-rate in the past eight days improved to MOP862m (versus MOP850m in the
first ten days). The research house conservatively maintained June GGR at MOP23.5bn (+18%
YoY) although there now is upside risk.
Separately, despite the World Cup, Citi's June surveys show the number of premium mass
players reaching a new record of 682 and average bet size increased 1% MoM to HK$14,615.
Average minimum bet across Macau improved 4% MoM to HK$2,062.
It believes the opening of Pavilion at StarWorld in May and two new premium mass areas
at CoD this month are a strong signal that premium mass remains a major growth engine for
Macau. (KL)

Remark: Real time quote last updated: 25/04/2024 17:52
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