
Citi Cuts May Macau GGR Forecast to MOP22B

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Citi has revised its May GGR forecast for Macau from MOP22.5 billion to MOP22 billion, reflecting a 4% year-on-year increase. The adjustment follows industry checks indicating a GGR of approximately MOP17.9 billion for the first 25 days of May, with a daily average of MOP656 million, down 5% from the previous week. A UFC Fight Night event at the end of May is anticipated to boost gaming demand.
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