Macau

Macau skyline at dusk with MGM casino and Macau Tower reflected in the waterfront
Lucas DunnBy: Lucas Dunn

Macau Casino GGR Takes a Hit as the World Cup Kicks Off

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.
Financial News
Macau skyline at sunset showing MGM, Ascott, and Wynn towers reflected in the waterfront
Lucas DunnBy: Lucas Dunn

Macau Gaming Revenue Surges to $2.8 Billion in May 2026

Macau posted its strongest May GGR since 2019, hitting $2.8B and beating analyst forecasts as holiday traffic and premium-mass demand soared.
Financial News
Grand Lisboa Palace hotel exterior view from Cotai, Macau, November 2023
Lucas DunnBy: Lucas Dunn

Fitch Downgrades SJM Holdings to B+ Amid Share Decline

Fitch downgraded SJM Holdings to B+, citing satellite casino closures, Grand Lisboa Palace underperformance, and leverage well above its 5.0x threshold.
Financial News
Cloth money bag filled with US dollar bills and surrounded by gold and silver coins on a table
Lucas DunnBy: Lucas Dunn

Macau Gaming Sector Surpasses 2025 Revenue Projections

Macau's gaming taxes climbed 7.6% in 2025, while GGR climbed 9.1%, highlighting the region's continued reliance on casino revenues.
Financial News
Crowd with raised hands enjoying a live music concert under bright stage lights
Lucas DunnBy: Lucas Dunn

Concerts Boost Macau GGR as UBS Cuts 2026 Casino Forecasts

Macau's March GGR is gaining momentum from major concerts, while UBS lowers 2026 casino earnings forecasts as rising costs weigh on profitability.
Financial News
Skyline of Macau featuring the Grand Lisboa and waterfront bridge
Lucas DunnBy: Lucas Dunn

Macau's February Gaming Revenue Rises 4.5% YoY on CNY Celebrations

In February 2026, Macau welcomed nearly 1.6 million visitors during the Chinese New Year, boosting gross gaming revenue to MOP 20.63 billion.
Financial News
Street scene in Macau showing shops, pedestrians, and traditional balconies in the city center
Lucas DunnBy: Lucas Dunn

Macau’s Gaming Activity Slows in Early February Ahead of CNY

Despite the slow start, analysts maintain February revenue forecasts, projecting a 4% increase compared to February 2025.
Financial News
Nighttime view of Macau Tower with illuminated skyline, bridge lights, and reflections on the water
Lucas DunnBy: Lucas Dunn

Macau’s Casino Revenue Climbs 24% in January, Signaling Recovery

Macau’s GDP grew 7.6% in Q4 2025, followed by a 24% casino revenue surge in January 2026, driven by tourism gains and stronger domestic demand.
Financial News