VIP baccarat leads GGR growth in Q3

The VIP baccarat segment drove a strong performance in the third quarter of this year, posting gross gaming revenue (GGR) of MOP16.9 billion, a 29.1%

Non-gaming development facing challenges and heading off course, says expert

Niall Murray Macau’s gaming sector continues to draw criticism for its overwhelming dominance, with Chief Executive Sam Hou Fai admitting that addressing this structural imbalance will take

MGM China spotlights gaming combined with premium events for Macau

Kenneth Feng MGM China is stepping up efforts to bring more high-quality events to Macau as the city seeks to diversify its tourism and gaming economy. Kenneth

JP Morgan flags ‘not so Golden Week’ and cuts October gaming forecast

Macau's gaming sector is experiencing ongoing difficulties, according to the latest analysis by J.P. Morgan. The report notes that a combination of economic and regulatory

JP Morgan: ‘Best Golden Week print in five-plus years’

Macau's gross gaming revenue (GGR) for the first five days of October reached MOP5.5 billion, averaging about MOP1.1 billion daily, according to JP Morgan.

Citi: High-roller and premium mass gaming remains ‘golden’

Macau's casinos saw a sharp rise in high-roller activity and average minimum bets during the October Golden Week, reaching the highest levels of the year, according

Casino revenue slows in September amid fewer visitors, typhoon disruptions

The gaming industry saw moderate growth in September, posting a 6% year-over-year increase in gross gaming revenue to MOP18.3 billion, according to figures released by the Gaming

DICJ oversees closure of Grand Dragon Casino

The city’s Gaming Inspection and Coordination Bureau (DICJ) confirmed Tuesday, Sept. 23, 2025, that Grand Dragon Casino, a satellite operated under Melco Resorts & Entertainment’s license, had officially completed its

Grand Dragon Casino and Mocha Kuong Fat set to close this week

Melco Resorts & Entertainment Ltd. will officially cease operations at its Grand Dragon Casino in Taipa tonight at 11:59 p.m., with Mocha Kuong Fat in downtown

Citigroup lowers September GGR forecast to MOP19.5 billion

Citigroup has lowered its September gross gaming revenue (GGR) forecast for Macau to MOP19.5 billion, down from an earlier estimate of MOP20 billion, reflecting softer market

Fitch downgrades SJM Holdings outlook citing slow recovery at GLP

Fitch Ratings has downgraded its outlook on SJM Holdings’ long-term foreign-currency Issuer Default Rating (IDR) from Stable to Negative last week, citing a slowdown in

Gaming tax revenue reaches MOP61.8 billion in August

The Financial Services Bureau (DSF) reported that Macau’s gaming sector continues to fuel the region’s finances, with gaming tax revenue reaching MOP61.88 billion by August, up nearly

Wynn reserves land for second IR in UAE

Following a strategy similar to its developments in Macau and Las Vegas, Wynn aims to establish a major casino hub in the UAE long-term on

JP Morgan, Citi report strong premium mass recovery

Macau's premium mass gaming market remains robust, showing signs of recovery despite some seasonal softness, according to recent analyst comments from JP Morgan and Citigroup.

Jefferies and CLSA lift GGR projections on market confidence and developments

Jefferies Hong Kong Ltd has once again revised its full-year 2025 gross gaming revenue (GGR) forecast upward to MOP248 billion. This projection now sits

Gaming watchdog sees leadership changes as local employment remains priority

As the government continues to focus on enforcing local employment regulations and tightening employment safeguards within the city’s gaming industry, senior staff at the Gaming Inspection and Coordination

Analysts: September GGR likely to increase 13% y-o-y

Following the release of August’s gross gaming revenue (GGR) figures, industry analysts are forecasting sustained double-digit growth in the coming quarters, signaling a classic upward cycle

GGR hits new post-pandemic high in August

Macau's gross gaming revenue (GGR) surged to MOP22.16 billion in August, hitting a new post-pandemic high and marking a 12.2% increase from August 2024, according

SJM consolidates satellite casinos into expanded Lisboa floor

SJM Holdings Limited announced yesterday that its subsidiary, SJM Resorts, will acquire about 7,504 square metres of floor space at Hotel Lisboa for HKD529 million to

Brokerage forecasts strong results for second half starting in August

Several local gaming market analysts forecast positive results for Macau’s gross gaming revenue (GGR) in this year’s second half. According to analysts from Morgan Stanley, the investment banking

Gaming tax revenue nears MOP8.1 billion in July

Government revenue from the gaming industry remained steady in July, with the Financial Services Bureau reporting around MOP8.11 billion collected in gaming taxes. The figure is almost unchanged

Sector salaries reach highest level in a decade

The average salary in the gaming sector has reached its highest level in the past 10 years, according to the latest data. Workers in

Galaxy eyes growth with expansion and entertainment push

Galaxy Entertainment Group (GEG) is optimistic about the future of Macau’s gaming and entertainment sector. In an interview with Bloomberg’s Haslinda Amin last week, GEG

Analysts: Galaxy’s rising dividends signal a positive outlook

Analysts responded positively after Galaxy Entertainment Group Ltd (Galaxy) posted strong results for the first half of 2025. For the six months ending June

Citi: Big/Small 7 side bet expands to most casino baccarat tables

Investment bank Citigroup’s Monday memo reveals that Macau’s casino operators are innovating with baccarat side bets, introducing the new Big/Small 7 wager to boost revenue and

Galaxy 1H profit up 19% as Thailand plans on radar

Galaxy Entertainment Group Ltd announced a 19.4% rise in its first-half profit to HKD5.24 billion (USD667.6 million) for the six months ending June 30, 2025.

Analysts tout long-term Wynn prospects

Analysts from CBRE Group and Jefferies said Wynn Macau’s hold-normalized EBITDAR slightly missed consensus estimates, despite mass-market gaming volume rising 3.6% and VIP volume jumping 27.1%.

MacauSLOT: Basketball betting in Macau unlikely to suffer from Hong Kong legalization

Harry Lan, chief betting officer at Macau Slot Co. Ltd. (MacauSLOT), said the local sports betting business is unlikely to suffer any damage due to

Wynn to invest up to USD250 million in upgrades this year

Wynn Resorts has announced plans to invest up to USD250 million this year in key capital projects at its Macau properties. The investments include

Melco’s expansion beyond borders will not harm Macau, experts say

Former International Legal Affairs Bureau head and Gaming Law Commissioner Jorge Costa Oliveira told the Times that expanding Melco Resorts & Entertainment’s (Melco) integrated resorts portfolio

MGM China sets record with highest-ever adjusted EBITDA in Q2

MGM China Holdings reported its highest-ever adjusted Earnings before interest, Taxes, Depreciation, and Amortisation (EBITDA) for the second quarter (Q2) of 2025, as its market share

Brokerage raises 2025 growth forecasts as GGR surges

Recent data from the Gaming Inspection and Coordination Bureau (DICJ) revealed that Macau’s gaming market has posted consecutive monthly GGR increases of 19% year-on-year in June

GGR rises 19% m-o-m in July; 6.5% up y-o-y

Data from the Gaming Inspection and Coordination Bureau (DICJ) revealed that local casinos generated approximately MOP22.13 billion in gross gaming revenue (GGR) in July, the highest

Macau gaming revenue surges 19% in July, beating estimates again

Macau’s gaming industry continued its strong rebound in July, posting a 19% year-on-year rise in gross gaming revenue to 22.1 billion patacas (USD2.7 billion), according to figures released

Grandview Casino closure proceeded according to procedures, DICJ says

The Gaming Inspection and Coordination Bureau (DICJ) said in a statement that Grandview Casino, a satellite casino operated under Sociedade de Jogos de Macau, S.A.

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