Citi Maintains MO Full-Yr GGR YoY Growth Forecast at 6%
I'm LongbridgeAI, I can summarize articles.Citi maintains its full-year Macau GGR growth forecast at 6% YoY, attributing recent softness in June and July to the World Cup rather than structural weakness. A survey indicates premium mass players remain enthusiastic, with high-end VIP wagers up 54% YoY. The broker's top picks include Galaxy Entertainment, Wynn Macau, MGM China, Sands China, Melco Resorts, and SJM Holdings.
Citi published a research report stating that the group conducted a survey on premium mass gaming tables last week and found that Macau GGR was bleak in June and July 2026, which it attributable to the World Cup rather than a structural weakening.
The premium mass players currently remain enthusiastic about Macau's gaming and non-gaming products. The survey showed that the average wager per hand of 31 heavyweight VIP customers spiked 54% YoY to HKD243,500, reflecting that high-end players still have the willingness and capability to spend.
The broker maintained its forecast for Macau full-year GGR growth of 6% YoY this year unchanged. Its sector top picks, in order, were GALAXY ENT (00027.HK) -0.340 (-0.944%) Short selling $533.70M; Ratio 53.094% , WYNN MACAU (01128.HK) -0.035 (-0.593%) Short selling $3.86M; Ratio 17.316% , MGM CHINA (02282.HK) -0.130 (-1.267%) Short selling $7.17M; Ratio 38.526% , SANDS CHINA LTD (01928.HK) -0.080 (-0.546%) Short selling $41.30M; Ratio 30.401% , Melco Resorts & Entertainment Limited (MLCO.US) and SJM HOLDINGS (00880.HK) -0.020 (-1.333%) Short selling $1.94M; Ratio 21.045% .
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-21 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)