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<Research>Citi Lifts Forecast for MO Jun GGR to MOP19B
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According to industry sources, Macau's GGR for the first 15 days of June may have already reached around MOP10 billion, suggesting that the average daily GGR for the previous week (June 9 to 15) was about MOP686 million, 5% higher than the average daily of around MOP650 million during the first eight days of June, Citi wrote in its research report. Citi raised its forecast for Macau's GGR in June 2025 from MOP18.5 billion to MOP19 billion (equivalent to about 80% of the level seen in June 2019; up 7% YoY) to reflect the MTD GGR trend (along with a higher win rate). This forecast also implied that the average daily GGR for the remainder of the month would be around MOP600 million. AAStocks Financial News |
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