Citigroup forecasts Macau March gaming revenue of MOP22bn
Citigroup forecasts Macau gross gaming revenue of MOP22bn ($2.74bn) for March, about 12% above the same month last year. Industry sources put revenue at approximately MOP15.6bn ($1.94bn) in the first 22 days, while Citigroup estimated average daily revenue of roughly MOP711m ($88.9m) for the rest of the month; it cited stable mass-market demand alongside weaker VIP performance.
The forecast and segment trends provide operators and investors with an estimate of Macau’s March market performance.