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Citi: All six Macau concessionaires now offering latest baccarat side bets

Ben Blaschke by Ben Blaschke
Mon 4 May 2026 at 11:27
Mass baccarat revenue shows 77% sequential increase in 3Q20, VIP baccarat up 56% as COVID recovery begins
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All six of Macau’s gaming concessionaires have rolled out at least some of the most recently approved baccarat side bets across their gaming floors, including “Monkey no Monkey” and “Pairs+,” according to the latest monthly table survey by Citigroup.

In a note published after the investment bank conducted its monthly Macau table survey, Citi analysts George Choi and Timothy Chau said Melco Resorts, Sands China, SJM and Wynn were now offering both “Monkey no Monkey” and “Pairs+” – both approved by the DICJ last month – while MGM China is also offering “Banker 4” and “Player 4” on top of the two new side bets. Galaxy, they added, offers only “Monkey no Monkey” at Galaxy Macau at this stage.

“As these side bets were just launched a few days ago, we believe most players (if not all) have never seen them before, which is why Lucky 6 and Lucky 7 remain the side bets of choice,” said Choi and Chau in the note.

“Because these new side bets pay as much as 50-to-1 and 300-to-1, we expect them to quickly gain popularity among players. Such popularity will give Macau GGR an extra boost, thanks to their much higher house advantage.”

As reported by IAG, Sands stated in its recent 1Q26 earnings call that it was starting to see a gradual uptick in the propensity of players in Macau wagering on baccarat side bets, even though their percentage of total wagers placed still remains well below its Singapore peer Marina Bay Sands.

MGM detailed similar observations in its earnings call last week but said the impact was not yet significant enough to consider altering its theoretical win on rolling.

Citi’s May survey was conducted on the 1 May holiday in Macau, with the analysts describing the HK$23 million in premium mass wager they observed as the second highest in 2026 behind only Chinese New Year.

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Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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