Asia

Macau surpassed 20 million visitor arrivals by June 20, 2026, beating last year's pace even as gaming revenue forecasts weaken.

Macau's H1 2026 gaming tax revenue rose 13.1% to MOP$51.2 billion, pushing the government past its full-year surplus target.

Macquarie cuts Macau's Q3 GGR forecast on World Cup effects, while Moody's remains bullish on the market's long-term growth outlook.

Macau's GGR fell 12.1% year-on-year in June 2026, marking the weakest month of the year as the FIFA World Cup drew gamblers to sports betting.

MGM China has completed a $20 million acquisition of MGM Asia-Pacific, gaining control of eight hotels across mainland China.

The 13 Hotel in Macau has rebranded as The 13 Palace under new ownership. The ultra-luxury all-villa resort reopened in 2025 after a $76.6 million sale and renovation.

Macau's GGR slipped 20% below May averages in early June as the FIFA World Cup diverted gambling spend, though Citi still holds its full-month forecast.

Macau posted its strongest May GGR since 2019, hitting $2.8B and beating analyst forecasts as holiday traffic and premium-mass demand soared.

PAGCOR has given B2B gaming providers until July 31, 2026, to complete accreditation or face system decommissioning and a full ban on servicing licensed operators.

Fitch downgraded SJM Holdings to B+, citing satellite casino closures, Grand Lisboa Palace underperformance, and leverage well above its 5.0x threshold.