A top analyst is forecasting that Macau’s gross gaming revenue in May could hit its highest monthly tally so far this year, and the highest since the onset of the pandemic, at $2.5 billion, even potentially going as high as $2.58 billion.

Brokerage CLSA predicts that Macau's gross gaming revenue (GGR) in May could grow by 6 percent month-on-month, amounting to $2.45 billion.

Investment bank Citigroup anticipates that Macau’s gross gaming revenue (GGR) in May could reach MOP20 billion ($2.49 billion), about 77 percent of 2019 levels.

Macau’s gross gaming revenue (GGR) amounted to MOP18.5 billion ($2.29 billion) in April, reflecting a 4.9 percent decrease from March’s MOP19.5 billion ($2.42 billion).

Hong Kong may continue to serve as one of Macau’s leading source markets, despite undergoing continuous reshaping of its consumer market, with minimal impacts on GGR.

Citigroup has trimmed its forecast for Macau's gross gaming revenue (GGR) from $2.3 billion to $2.23 billion for April due to the anticipated flattish daily run-rate.

In Q1, Macau Gross Gaming Revenue (GGR) experienced a 6 percent quarter-on-quarter growth, reaching MOP57 billion ($7.06 billion), equivalent to 75 percent of pre-COVID-19 levels.

The sport of whale watching is never abandoned in Macau, as evidenced by the results from the first quarter of the year, published by the region's gaming watchdog.

Macau’s 2024 gross gaming revenue (GGR) is likely to be up 34 percent from 2023, according to the brokerage CLSA, which says the forecast is 3.5 percent higher than its prior estimates after a positive Chinese New Year.

In assessing the long-term prospects of the Macau gaming industry, brokerage firm Citigroup highlights the significant impact of the widespread adoption of smart gaming tables on its growth.