According to industry channels, Citigroup's report stated that the total gambling revenue in Macau is expected to reach 6.5 billion Macau yuan per day in the first ten days of June, with a total of 6.5 billion yuan. The daily average gambling revenue of the last 12 days of May was 15% higher. It is believed to be driven by the Dragon Boat Festival holiday.
According to the data from the Macau police, the average daily tourist volume reached 114,333 people during the three-day Dragon Boat Festival holiday, and the hotel occupancy rate reached about 85%. According to industry sources, the VIP room betting amount decreased by about 2%, while the mass market remained stable. The VIP room win rate is at a normal level.
The bank conservatively maintains the June gambling revenue forecast at MOP 18 billion, about 76% of the same period in 2019, which means the daily average gambling revenue for the remaining time this month will be MOP 575 million.