High rollers push average Golden Week wager despite drop in gamblers – Citi
Tuesday 10 de October 2023 / 12:00
2 minutos de lectura
(Macau).- Macau casinos have witnessed a staggering 94 percent surge in the average wager per player during the recent Golden Week period compared to October 2019, according to a survey conducted by Citigroup on the premium mass market.
A site visit carried out by analysts George Choi and Ryan Cheung on 5 October unveiled that despite a 44 percent reduction in gamblers, the total wagers reached an impressive HKD15.1 million (MOP15.53 million/ US$1.93 million).
The figure is only 3 percent lower than the all-time high recorded in the past six years since the surveying began, which stood at HKD15.5 million, emphasised the analysts.
“Note that it took a total of 928 Premium Mass players seen in February 2019 to reach the ~HKD15.5 million total wager observed,” highlighted Choi and Cheung, underscoring the significant contrast with the current survey where only 508 players were observed.
The survey identified a record-high number of 33 high rollers, often referred to as ‘blue whales,’ who are defined as players betting HKD100,000 per hand or more. This figure surpassed the previous record of 27 whales seen in February 2019.
Moreover, the quality of these whales has shown significant improvement, with an average wager of HKD191,364 among the 33 whales observed in October 2023. This represents an increase of HKD33,625 compared to the pre-Covid levels.
Besides, the average wager per player stood at HKD29,633, in comparison to the 2019 level of HKD15,242, with minimum bets being 11 percent higher than in the same period in 2019.
“The player quality at the grind mass areas is also improving,” stated the analysts, highlighting the positive trend in the overall gambling experience.
By Aries Un
Categoría:Gaming
Tags: Sin tags
País: Macao
Región: EMEA
Event
ICE Barcelona 2026
19 de January 2026
Darío Zutel talks all about Win Systems' presence at ICE Barcelona 2026
(Barcelona, SoloAzar Exclusive).- Darío Zutel, Executive Chairman of Win Systems, reviews the results achieved at ICE Barcelona 2026, highlights the strategic quality of the contacts generated, the momentum of cashless solutions with WIN PAY, and outlines the company's innovation and expansion plans across the Americas, Europe, and other key international markets.
Monday 09 Feb 2026 / 12:00
Air Dice at ICE Barcelona 2026: Building Momentum Through Innovation and Strategic Market Expansion
(Barcelona, SoloAzar Exclusive).- In this interview, Erkki Nikunen, Partner & CBDO of Air Dice, reflects on the company’s performance at ICE Barcelona 2026, the strong reception of its FateQuest series, key industry trends shaping the sector, and Air Dice’s strategic priorities for growth, partnerships, and market expansion in 2026.
Monday 09 Feb 2026 / 12:00
Merkur Group Shines in Barcelona with Triple ICE Triumph
(Espelkamp/Barcelona).- Merkur Group secures three prestigious international accolades for operational excellence, social commitment, and standout exhibition experience.
Friday 06 Feb 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.