--- title: "Under the banner of \"Big Banks,\" the forecast for Macau's April gaming revenue has been downgraded to MOP 20 billion" type: "News" locale: "en" url: "https://longbridge.com/en/news/283431217.md" description: "Citigroup lowered its forecast for Macau's April gaming revenue to MOP 20 billion, citing that the win rate in VIP rooms is below normal levels. The report noted that Macau's gaming revenue for the first 19 days of April was approximately MOP 12.4 billion, with an average daily revenue of MOP 636 million, an increase of 1% compared to the previous week. It is expected that the average daily revenue for the remainder of the month will be MOP 691 million. Citigroup believes that the Weibo International Entertainment Gala may alleviate the weak gaming revenue before the Labor Day Golden Week" datetime: "2026-04-21T02:55:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283431217.md) - [en](https://longbridge.com/en/news/283431217.md) - [zh-HK](https://longbridge.com/zh-HK/news/283431217.md) --- # Under the banner of "Big Banks," the forecast for Macau's April gaming revenue has been downgraded to MOP 20 billion Citigroup published a research report indicating that industry data shows that Macau's gaming revenue for the first 19 days of April may reach approximately MOP 12.4 billion, which means that the average daily gaming revenue for the past week was about MOP 636 million, an increase of about 1% compared to the previous week. The bank believes that part of the reason for the weak gaming revenue may be due to the VIP room win rate being far below normal levels, lowering the April gaming revenue forecast from MOP 20.5 billion to MOP 20 billion, which implies that the average daily gaming revenue for the remaining days of this month will be about MOP 691 million. The bank believes that the Weibo International Entertainment Gala, to be held at the Galaxy Macau, may help alleviate the potential weak performance of gaming revenue before the Labor Day Golden Week ### Related Stocks - [01928.HK](https://longbridge.com/en/quote/01928.HK.md) - [MLCO.US](https://longbridge.com/en/quote/MLCO.US.md) - [01128.HK](https://longbridge.com/en/quote/01128.HK.md) - [00027.HK](https://longbridge.com/en/quote/00027.HK.md) - [02282.HK](https://longbridge.com/en/quote/02282.HK.md) - [GXYYY.US](https://longbridge.com/en/quote/GXYYY.US.md) - [00880.HK](https://longbridge.com/en/quote/00880.HK.md) - [SCHYY.US](https://longbridge.com/en/quote/SCHYY.US.md) - [BJK.US](https://longbridge.com/en/quote/BJK.US.md) - [BETZ.US](https://longbridge.com/en/quote/BETZ.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [WB.US](https://longbridge.com/en/quote/WB.US.md) - [09898.HK](https://longbridge.com/en/quote/09898.HK.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) ## Related News & Research - [Workforce Development in Action: New Team Member Training Programs Expand Opportunities for Advancement, Reinforce Culture of Excellence](https://longbridge.com/en/news/282547813.md) - [Short Interest in Melco International Development Ltd. (OTCMKTS:MDEVF) Grows By 135.1%](https://longbridge.com/en/news/282445513.md) - [FDJ UNITED - Q1 2026](https://longbridge.com/en/news/283546914.md) - [IPL 2026: GT vs KKR Playing 11, live toss and match time, streaming](https://longbridge.com/en/news/283025028.md) - [Gambling.com files Form 3 for SVP People Ellen Monaghan](https://longbridge.com/en/news/283542542.md)