Tag: GGR
-
Disappointing October accounts for the fifth consecutive month in the ‘red’
Gross gaming revenue (GGR) from local casinos fell sharply in October, continuing the decline since June and marking the fifth straight month of year-over-year declines. Last ... -
CLSA lowers 2026 revenue outlook amid weaker first-half performance
Macau gross gaming revenue (GGR) growth outlook for 2026 has been revised downward by CLSA, which expects a slower recovery following weaker-than-expected results in recent months. ... -
CBRE: GGR forecast to exceed estimates on strong demand
Driven by resilient consumer demand and tourism investments, CBRE analysts say that Macau’s gross gaming revenue (GGR) is poised to exceed 2026 forecasts. The analysts predict ... -
CBRE: Marketing overhaul could boost SJM outlook
SJM Holdings Ltd’s “new marketing team” and property investments could deliver upside to 2026 performance expectations, even as the casino operator lags behind Macau’s broader gaming ... -
January GGR Posts 24% Surge
Casinos generated MOP22.6 billion (USD2.8 billion) in gross gaming revenue (GGR) last month. This is the second time since the pandemic that records have hit a ... -
November casino revenue projected at MOP20.5 billion
The city’s gross gaming revenue (GGR) is expected to reach MOP20.5 billion in November, according to recent industry reports, as early-month figures point to a modest ... -
Macau’s gaming recovery outpaces forecasts despite stormy October
Macau’s casino industry defied expectations in October, posting its strongest gains since mid-summer. Gross gaming revenue climbed 15.9% year-on-year to MOP24.09 billion ($3.01 billion) — beating ... -
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 ... -
Gov’t revises 2025 gaming tax revenue downward by 5%
The government has revised its 2025 forecast for gaming tax revenue, lowering it by 5% due to global economic conditions and changing tourist spending patterns. According ... -
Analysts: revised GGR target seen as foreseeable
The government’s recent 5% downward revision to its 2025 gross gaming revenue (GGR) forecast, proposed last week, was “not a complete surprise,” according to Fitch Solutions ... -
Analysts expect April to be another ‘flat’ month on GGR
Senior analyst for Global Gaming at investment research company Seaport Research Partners, Vitaly Umansky, noted in a report on Tuesday that the firm expects another “flat” ... -
Fiscal revenue not as optimistic as expected: Tai Kin Ip
Secretary for Economy and Finance Anton Tai Kin Ip stated that the gross gaming revenue (GGR) has yet to reach the target of 20 billion patacas ... -
Casino revenue slightly increases to MOP19.7b in March
Gross gaming revenue (GGR) in March totaled MOP19.66 billion, representing a marginal year-on-year increase of 0.8% from the MOP19.50 billion recorded in March 2024. Official data ... -
Casino revenue forecast revised amid slower start to 2025
Investment banking firm Jefferies has revised its forecast for the region’s gross gaming revenue (GGR) in 2025, lowering its prediction by 2% to 240 billion patacas. ... -
SJM returns to profitability in 2024
Gaming operator SJM Holdings Limited has reported a return to profitability in 2024, marking a turnaround from previous pandemic-related losses. The company’s audited financial results show ... -
Fitch projects that GDP growth will decelerate to 6.9% in 2025
Fitch forecasts GDP growth will slow to 6.9% in 2025, down from 8.8% in 2024, as gross gaming revenue (GGR) grows more slowly, reaching around 81% ... -
Macau gaming revenue hits record high in October
Macau’s gaming revenue soared in October, marking a 6.6% year-on-year increase, thanks to a surge in visitors during China’s Golden Week holiday, the Gaming Inspection and ... -
Breaking News: Macau’s GGR increases less than expected in April
Macau’s gaming revenue rose less than analysts expected in April, the third straight month that the casino business disappointed as the gambling hub awaits the reopening ... -
Macau’s GGR up 2.6% in January on premium mass, luck volatility: experts
Macau’s gross gaming revenue (GGR) advanced 2.6% in January this year, month-to-month, to MOP8.02 billion, the Gaming Inspection and Coordination Bureau (DICJ) released the city’s up-to-date ... -
Casinos end their worst year with little sign of recovery
Macau casinos ended their worst year on record with little sign of progress in a recovery, though hopes remain for a rebound in the world’s largest ... -
First Macau gaming revenue drop since 2016: China slowdown to blame
Monthly casino revenue in Macau fell for the first time in more than two years as China’s weakening economy kept high rollers away from the city, ... -
Gaming revenue jumps 27.6 pct in April, beats forecast
Macau gambling revenue surged 27.6 percent last month and beat analyst forecasts, helped by solid demand from mainland Chinese punters, official data showed today (Tuesday). It’s ...
