Citi reports lower minimum bets at Macau casinos as satellite closures approach
Citigroup analysts observed new lower-minimum-bet areas at Galaxy’s StarWorld and Melco’s City of Dreams during an October visit to Macau casino floors. They said the changes could attract players from satellite casinos, all 11 of which are due to close by year-end; the analysts also recorded 15% fewer premium mass players and 14% lower total wagers on their visit than a year earlier.
The reported table changes indicate how concessionaires may respond to the impending closure of Macau’s satellite casinos.