Banking giant Citigroup is forecasting Macau’s gross gaming revenues to rise 6% and EBITDA by 10% year-on-year in 2026, driven by big name concerts, the addition of luxurious hotel suite supply and the addition of new baccarat side bets.
This will ensure Macau remains the “top travel destination for the affluent mainland Chinese visitors who seek a total experience,” said Citi analysts George Choi and Timothy Chau in a Thursday note.
A 6% increase would see gaming revenues reach around MOP$263.5 billion (US$33.0 billion) – representing 90% of pre-COVID levels.
“We expect concerts to drive growth in visitation and premium players’ per-capita spending (as they need to check-in cash to the casinos to secure hot concert tickets), new hotel suites to increase average length of stay and the increasing popularity in new side bets to further boost hold rates,” Citi said.
