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<Research>Citi: MO Sees Total Premium Mass Wager/ Premium Mass Players Increase 17%/ 5% YoY in Apr
Recommend 7 Positive 16 Negative 11 |
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According to a Citi research report, the broker observed a YoY increase of 17% in Macau's total Premium Mass Wager to HKD13 million this month. Specifically, the number of Premium Mass players grew by 5% YoY to 644, implying that average wager/player rose by 11% YoY to RMB20,203. Citi also observed 31 whales during the period, compared to only 19 whales seen in the same period last year. The most pleasant surprise in Citi's survey was the nine whales who wagered a total of HKD1.72 million at WYNN MACAU (01128.HK)'s casinos, including the three largest whales the broker saw on the survey day. Citi will continue to monitor MGM CHINA (02282.HK), given that it has recently opened a new Premium Mass room at MGM Cotai and launched a World Cup-themed Labubu doll point redemption campaign to attract players. Auto-translated by AI AASTOCKS Financial News |
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