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Macau premium mass resilient, Sands regains pole position: Citigroup
According to a recent memo from Citigroup, business trends in the Macau gaming sector appear to be resilient in April, especially leading up to the Labor Day break.
Galaxy triples marketing team amid premium mass competition
Macau gaming operator Galaxy Entertainment Group (GEG) has bolstered its marketing team amidst intensifying competition in the high-end premium mass segment, says Goldman Sachs.
Macau achieves best-ever performance in premium mass during CNY: Citigroup
Macau witnessed its best-ever performance in the premium mass segment during the Chinese New Year (CNY), with Galaxy Entertainment emerging as the market share winner, according to the Citigroup.
Macau has more 98 premium mass baccarat tables released in January, with total wagers rising, says Citigroup
More premium mass baccarat tables were launched this month in Macau casinos, directly driving the increase in total wagers.
Your Daily Asia Gaming eBrief: What is premium mass?
What is premium mass? The question resonates particularly in Macau, as operators shift away from a VIP-centric model and try to find new pastures. But the implications are vast, as new properties, such as Raffles, up the game in the luxury spectrum.
Under the Scope: premium mass in question and Raffles shining bright
Galaxy has upped the game. According to gaming expert Ben Lee, the new Raffles Hotel has “reached a whole new level of luxury gaming”, pushing the other five operators to innovate and compete in a new echelon they haven’t yet faced. Meanwhile, Macau’s 3Q23 results, as announced by the city’s gaming watchdog, show few surprises, as mass dominates – while raising questions over what exactly premium mass is.
Average wager per player at Macau premium mass rooms almost doubled during Golden Week
The average wager per player at Macau premium mass rooms during the National Day Golden Week increased by 94 percent compared to the same period in 2019, according to the latest Table Survey conducted by Citigroup.
Macau premium mass average wagers not affected by seasonality: Citigroup
Citigroup reaffirms that Macau's gaming industry shows no signs of slowing down. Despite the decline in total wagers in the premium mass market, average wagers remain strong and unaffected by seasonality.
Your Daily Asia Gaming eBrief: Macau premium mass roaring back above 2019 levels
Macau premium mass is performing strongly, recovering to 110 percent of 2019-levels with JP Morgan analysts setting high hopes for Golden Week.
Macau premium mass GGR recovers to 110 percent of pre-COVID levels in August
Macau's premium mass gaming market seems to have made a full recovery, with JP Morgan indicating that premium mass gross gaming revenue (GGR) in August reached 110 percent of 2019 levels.