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<Research>Citi: Trade War Hasn't Dampened Players' Appetite for MO Gaming & Non-Gaming Services
According to a Citi research report, the broker had the following observations from the Labor Day edition of its Macau table survey, which made it consider whether "revenge sp...
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<Research>Citi: Trade War Hasn't Dampened Players' Appetite for MO Gaming & Non-Gaming Services
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According to a Citi research report, the broker had the following observations from the Labor Day edition of its Macau table survey, which made it consider whether "revenge spending" was taking place on the ground.

(1) For the first time, the broker encountered multiple $1 million whales on the same day; (2) This month's highest wager of $2.9 million by a player set a new record for the broker; (3) The Total Premium Mass wager observed reached $27.2 million, also a historic high and on par with the 2024 National Day Golden Week; (4) The average wager by whales observed was $281,000 per person, up 79% YoY; and (5) The average minimum bet was $2,300, down 8% YoY but up 3% from this year's Chinese New Year, marking the highest in 2025.

Related NewsM Stanley Expects MO May GGR to Stay Flat YoY, Sees Downside Risk for Casinos' Consensus EBITDA
This month's survey results once again showed the broker players' enthusiasm for gaming. The US-China trade conflict appears to have yet to hinder players from enjoying Macau's gaming and non-gaming services so far.

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