Citigroup Predicts Macau Casino Revenue Growth Through Luxury Suites
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Citigroup forecasts a 7% rise in Macau's gross gaming revenue (GGR) in 2025, driven by an increase in high-class accommodations. Expected GGR: 242.5 billion patacas.
Citigroup Predicts Macau Casino Revenue Growth via New Luxury Suites
Analysts at Citigroup forecast significant growth in Macau's gross gaming revenue (GGR) in the coming years. This growth is attributed to the expansion of high-class accommodations targeted at premium clientele, who traditionally place larger bets.
Key Findings from Citigroup's Report:
New strategy: revenue growth through luxury suites instead of expanding overall hotel capacity. Stays in exclusive suites directly influence player activity at gaming tables.
Shift towards the premium segment: the total number of hotel rooms will decrease, but the proportion of high-class accommodations will rise.
Key Projects:
Londoner Grand (Sands): plans to open approximately 1,500 new suites.
Galaxy’s Capella: will add 100 high-class rooms.
MGM: to enhance its offerings with 70 new luxury suites.
Future Forecasts:
Visitor numbers to Macau could reach 35.7 million in 2025.
Expected GGR growth:
2025: a 7% increase to 242.5 billion patacas (₽3.02 trillion).
2026: an 8% increase to 261.9 billion patacas (₽3.27 trillion).
Current Trends:
Premium clients are becoming the main focus of the industry. New projects, such as premium apartments and modernization of gaming zones, strengthen Macau's position as a global hub for the gaming industry.