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<Research>Citi: MO VIP Mass Betting on May 1-2 Hits 2nd Highest This Yr; GALAXY ENT, SANDS CHINA LTD Lead in Mkt Shr
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During the first two days of the Labor Day Golden Week, Macau welcomed more than 200,000 visitors, comparable to the peak days of the Chinese New Year earlier this year, Citi said in a research report. According to Citi's premium mass gaming survey, the broker noticed that the total betting volume during the Labor Day holiday reached HKD23 million, the second highest in 2026, only 6% lower than the Chinese New Year level. The report also revealed that GALAXY ENT (00027.HK) ranked first in Citi's VIP mass survey, accounting for 29% of the total betting volume observed, while SANDS CHINA LTD (01928.HK) ranked second with a 26% market share. Citi believes both companies benefit from having the largest hotel room portfolios in Macau and concerts hosted during the Labor Day holiday, which helped attract visitors. In terms of the average minimum bets, SANDS CHINA LTD saw a rise of 22% YoY to HKD2,431, GALAXY ENT's flagship property Galaxy Macau saw a rise of 8% YoY to HKD2,810, and MGM CHINA (02282.HK) saw a slight 1% YoY increase to HKD2,548. In contrast, WYNN MACAU (01128.HK), Melco Resorts & Entertainment (MLCO.US), and SJM HOLDINGS (00880.HK) recorded YoY declines in their average minimum bets. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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