Citi(US:C) 智通财经网·2026-01-02 07:45Group 1 - The core viewpoint of the article indicates that Citigroup's report forecasts Macau's gaming revenue for December 2025 to reach MOP 20.888 billion, averaging approximately MOP 674 million per day, representing a year-on-year growth of 15% and about 91% of the levels seen in December 2019 [1] - The report highlights that the December 2025 revenue figure is about 5% lower than Citigroup's predictions and 3% below market expectations, primarily due to unusually low VIP room win rates, likely below 3% [1] - For the entire year of 2025, Macau's total gaming revenue is projected to be MOP 247.4 billion, reflecting a year-on-year increase of 9%, surpassing the Macau government's initial forecast of MOP 240 billion and the revised estimate of MOP 228 billion [1] Group 2 - Looking ahead to January 2026, Macau is set to kick off a series of exciting events, including the "Music Connection Plan 2" hosted by Jiangsu TV and iQIYI on January 2, and a Super Junior concert at the Galaxy Macau from January 9 to 11 [1] - Citigroup maintains its forecast for January 2026 gaming revenue at MOP 21.5 billion, averaging about MOP 694 million per day, which implies an 18% year-on-year growth [1] - For the combined gaming revenue forecast for January and February, accounting for the lunar new year timing differences, the estimate stands at MOP 42 billion, indicating a year-on-year growth of 10.5% [1]