Citi Holds Steady on Macau September Gaming Revenue Forecast of MOP 18 Billion, Citing October Event Frenzy as Recovery Catalyst

Stock News09-22 11:22

Citi has maintained its Macau September gaming revenue forecast at MOP 18 billion, representing a 2% year-on-year decline, which implies an average daily run-rate of approximately MOP 580 million for the remaining days of the month.

According to industry sources, Macau's gaming revenue for the first 20 days of September is estimated at around MOP 12.2 billion. The average daily revenue last week was approximately MOP 614 million, up 5% from the MOP 586 million recorded during the week of September 7, and also 1% higher than the September 2025 daily average of roughly MOP 610 million.

The bank noted that, based on industry intelligence, VIP rolling chip volume fell between 15% and 18% month-on-month, while mass market gaming revenue contracted by approximately 13% to 16% over the same period. VIP win rates last week appeared to be stronger than those observed during the week of September 7.

Citi anticipates that October's packed schedule of major events and concerts—including performances by Rene Liu, Jane Zhang, Korean boy band Enhypen, and Richie Jen at Galaxy Arena, Sara Landry's "Chapter One" show at The Londoner Arena, the NBA China Games at The Venetian Arena, and a Jonathan Lee concert at MGM Cotai—could serve as a powerful catalyst to reignite the recovery of gaming revenue.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1103754829?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-22 11:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1103754829","market":"sg","top_or_hot":-1,"title":"Citi Holds Steady on Macau September Gaming Revenue Forecast of MOP 18 Billion, Citing October Event Frenzy as Recovery Catalyst","media":"Stock News","content":"<p>Citi has maintained its Macau September gaming revenue forecast at MOP 18 billion, representing a 2% year-on-year decline, which implies an average daily run-rate of approximately MOP 580 million for the remaining days of the month.<br><br>According to industry sources, Macau's gaming revenue for the first 20 days of September is estimated at around MOP 12.2 billion. The average daily revenue last week was approximately MOP 614 million, up 5% from the MOP 586 million recorded during the week of September 7, and also 1% higher than the September 2025 daily average of roughly MOP 610 million.<br><br>The bank noted that, based on industry intelligence, VIP rolling chip volume fell between 15% and 18% month-on-month, while mass market gaming revenue contracted by approximately 13% to 16% over the same period. VIP win rates last week appeared to be stronger than those observed during the week of September 7.<br><br>Citi anticipates that October's packed schedule of major events and concerts—including performances by Rene Liu, Jane Zhang, Korean boy band Enhypen, and Richie Jen at Galaxy Arena, Sara Landry's \"Chapter One\" show at The Londoner Arena, the NBA China Games at The Venetian Arena, and a Jonathan Lee concert at MGM Cotai—could serve as a powerful catalyst to reignite the recovery of gaming revenue.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi Holds Steady on Macau September Gaming Revenue Forecast of MOP 18 Billion, Citing October Event Frenzy as Recovery Catalyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti Holds Steady on Macau September Gaming Revenue Forecast of MOP 18 Billion, Citing October Event Frenzy as Recovery Catalyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-09-22 11:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Citi has maintained its Macau September gaming revenue forecast at MOP 18 billion, representing a 2% year-on-year decline, which implies an average daily run-rate of approximately MOP 580 million for the remaining days of the month.<br><br>According to industry sources, Macau's gaming revenue for the first 20 days of September is estimated at around MOP 12.2 billion. The average daily revenue last week was approximately MOP 614 million, up 5% from the MOP 586 million recorded during the week of September 7, and also 1% higher than the September 2025 daily average of roughly MOP 610 million.<br><br>The bank noted that, based on industry intelligence, VIP rolling chip volume fell between 15% and 18% month-on-month, while mass market gaming revenue contracted by approximately 13% to 16% over the same period. VIP win rates last week appeared to be stronger than those observed during the week of September 7.<br><br>Citi anticipates that October's packed schedule of major events and concerts—including performances by Rene Liu, Jane Zhang, Korean boy band Enhypen, and Richie Jen at Galaxy Arena, Sara Landry's \"Chapter One\" show at The Londoner Arena, the NBA China Games at The Venetian Arena, and a Jonathan Lee concert at MGM Cotai—could serve as a powerful catalyst to reignite the recovery of gaming revenue.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TFNS","symbol_name":"T. Rowe Price Financials ETF","start_time":0,"source_url":"","article_id":"1103754829","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1103754829","pubTimestamp":1790047345,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Citi has maintained its Macau September gaming revenue forecast at MOP 18 billion, representing a 2% year-on-year decline, which implies an average daily run-rate of approximately MOP 580 million for...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TFNS":"T. Rowe Price Financials ETF","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4585":"ETF&股票定投概念","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","BK4534":"瑞士信贷持仓","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD)  INC AV","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","IYF":"金融指数ETF-iShares Dow Jones","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0314106906.USD":"MANULIFE GF GLOBAL EQUITY \"AA\" (USD) INC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","BK4566":"资本集团","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU1144417596.USD":"UBS (LUX) GLOBAL QUALITY DIVIDEND EQUITY \"Q\" (USD) INC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","BK4559":"巴菲特持仓","BK4504":"桥水持仓","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","BK4588":"碎股","C":"花旗","FTXO":"First Trust Nasdaq Bank ETF","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","BK4207":"综合性银行","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0106831901.USD":"贝莱德世界金融基金A2","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC"},"translate_title":"花旗维持澳门9月博彩收入180亿澳门元不变，称10月赛事热潮是复苏催化剂","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TFNS":1,"FTXO":1,"IYF":1,"C":1},"content_text":"Citi has maintained its Macau September gaming revenue forecast at MOP 18 billion, representing a 2% year-on-year decline, which implies an average daily run-rate of approximately MOP 580 million for the remaining days of the month.According to industry sources, Macau's gaming revenue for the first 20 days of September is estimated at around MOP 12.2 billion. The average daily revenue last week was approximately MOP 614 million, up 5% from the MOP 586 million recorded during the week of September 7, and also 1% higher than the September 2025 daily average of roughly MOP 610 million.The bank noted that, based on industry intelligence, VIP rolling chip volume fell between 15% and 18% month-on-month, while mass market gaming revenue contracted by approximately 13% to 16% over the same period. VIP win rates last week appeared to be stronger than those observed during the week of September 7.Citi anticipates that October's packed schedule of major events and concerts—including performances by Rene Liu, Jane Zhang, Korean boy band Enhypen, and Richie Jen at Galaxy Arena, Sara Landry's \"Chapter One\" show at The Londoner Arena, the NBA China Games at The Venetian Arena, and a Jonathan Lee concert at MGM Cotai—could serve as a powerful catalyst to reignite the recovery of gaming revenue.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1103754829","isCrawlerRequest":true}