Gaming activity in Macau: High rollers seemingly undeterred by impending visit of Xi Jinping
Tuesday 17 de December 2024 / 12:00
⏱ 1 min read
(Macau).- The proliferation of high rollers in Macau has showed no signs of slowing down in December, despite concerns that the impending visit of China’s President Xi Jinping from 18 to 20 December may prove a deterrent, according to Citigroup.
The observation followed Citi’s monthly Macau premium mass table survey, with the brokerage noting that while concessionaires had seemingly opened fewer tables, player count and average wager per player held up well.
Specifically, premium mass player count was up 26% year-on-year and average wager down only 8%. There were 21 “whales” spotted, with average bet size down 9% versus December 2023.
“Our survey suggests that there are plenty of players in Macau whose gaming appetites seem little affected [by Xi’s visit],” said analysts George Choi and Timothy Chau.
Citi also noted that its latest observation for December 2024 mirrors a table survey conducted five years earlier ahead of President Xi’s December 2019 visit to Macau. Back then, premium mass average wager per player was down 6% versus the prior year period, and average mass baccarat minimum bet down 4%. This year, premium mass average wager per player is down 8% and average mass baccarat minimum bet again down 4%.
“Macau had a strong finish in late December 2019 after 20 December as GGR came in flat month-on-month at MOP22.8 billion,” Citi wrote. “ We will not be surprised if history repeats itself, and we remain comfortable with our December 2024 GGR forecast of MOP18.5 billion (flat month-on-month).”
Categoría:Gaming
Tags: Sin tags
País: Macao
Región: Asia
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
Reusable Identity and Smoother Access: JUMIO’s Approach at Peru Gaming Show 2026
(Lima, SoloAzar Exclusive).- Peru Gaming Show (PGS) 2026 hosted the conference “Reusable Identity: Less Friction, More Play – How to Simplify Player Access,” led by Pilar Pereira, Director of Strategic Alliances at JUMIO. She explained how the evolution of digital identity is transforming user experiences on online betting platforms amid strong global growth in the sector.
Friday 03 Jul 2026 / 12:00
Andres Troelsen: "Peru remains one of EGT Digital's strategic markets in LATAM"
(Lima, SoloAzar Exclusive).- Following his participation in the Peru Gaming Show, Andres Troelsen, Regional Sales Director LATAM of EGT Digital, reflects on the company's priorities in the region, the evolving demands of operators, and the opportunities emerging across the Latin American gaming market for EGT Digital.
Friday 03 Jul 2026 / 12:00
Gaming Taxation in Latin America: Experts Warn of Excessive Levies
(Lima, SoloAzar Exclusive).- As part of the Peru Gaming Show (PGS) 2026, the panel “Taxation: Gaming Taxes in Latin America” brought together leading specialists to analyze the fiscal challenges facing the gaming industry in the region. Moderated by Carlos Fonseca, the discussion featured Tomás García Botta (MF Estudio) and Carlos Baeza (Baeza & Cía.). The experts agreed that excessive tax burdens not only discourage investment but also reduce channeling toward the regulated market and foster the growth of illegal offerings in various Latin American countries.
Wednesday 01 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
