Macau's gaming industry handed in a report card for the first quarter of this year that had a flavor of "applauded but not popular." The latest report from brokerage CLSA shows that the total gaming revenue for the entire industry is expected to surge by 14% year-over-year, but the EBITDA growth rat
Facing the turbulent situation in the Middle East that has led to a reduction in the number of flights between Hong Kong and Europe and the Middle East, the Macau SAR government is planning a new response plan—this time turning its attention to Guangzhou Baiyun International Airport, about one hundr
According to the latest analysis by CBRE stock research, Macau's total gambling revenue in 2026 is expected to grow by 8.3% year-on-year, exceeding the market's general expectation of 6%. This optimistic forecast is based on a strong start in the first quarter—with GGR reaching 65.87 billion Macau p
Macau's gambling revenue in March exceeded market expectations with a 15% year-over-year increase, marking a strong start for 2026. Institutions such as J.P. Morgan and Seaport Research Partners have subsequently released forecasts, generally believing that growth of over 10% can still be maintained
Benefiting from the good news that Macau's gambling revenue in March increased by 15% year-on-year and exceeded market expectations, gambling stocks collectively rose on April 2nd. Among them, Melco International Development's stock price surged 18% after the performance announcement, becoming the l
Macau's gambling revenue in March reached 22.6 billion Macau patacas, a 15% increase year-on-year, once again exceeding market expectations, with the cumulative gambling revenue for the first quarter reaching 65.9 billion Macau patacas. Behind the strong recovery of the gaming industry, a set of fis
Macau's total gambling revenue for March has been released, showing "better than expected" figures. According to the numbers published by the Gaming Inspection and Coordination Bureau, the monthly GGR reached 22.61 billion Macau patacas (approximately 2.8 billion US dollars), a year-on-year increase
Macau has recently approved two new gaming intermediary companies' operating licenses, does it sound like this industry is going to be lively again? However, the total number is only 31, which is still far from the official cap of 50. According to the announcement by Macau's Gaming Inspection and Co
Macau Lijun recently announced its fiscal 2025 results, with an annual loss of up to 1.56 billion Hong Kong dollars (about 199.76 million US dollars), which is basically consistent with the previously released expectations. This figure has increased significantly compared to the loss of 622.63 milli
The latest report released by the Macau Economic Association points out that Macau continues to recover in the post-pandemic era, especially in the gaming, tourism, and hotel industries, which show positive performance. The report states that the recovery is ongoing, but "the overall performance is
The Gaming Inspection and Coordination Bureau in Macau disclosed in a written response to the Legislative Assembly that since the implementation of the new gaming law in 2022, it has initiated 22 administrative legal proceedings against casino licensees. Among these, 5 cases have been penalized, 10
MGM International's CEO Bill Hornbuckle recently stated that the competition in the Macau market has become "like rabid dogs fighting over food." Despite being favored by "Lady Luck" in 2025 and the first quarter of this year, he remains cautious about the expectations for the remainder of the year.
Macau's gambling revenue continued its growth momentum since the Spring Festival in March. A Citibank report indicated that the gross gambling revenue for the first 8 days was estimated at 5.65 billion Macau patacas, with a daily average of about 706 million Macau patacas, an 11% increase year-over-
Macau Tourism Bureau's latest data shows that during the nine-day Spring Festival Golden Week (February 15 to 23), a total of 1.554 million visitors were received, exceeding the expected 1.5 million. The average daily visitor volume was 173,000, up 5.5% year-on-year, with an average hotel occupancy
The Year of the Horse Spring Festival Golden Week has started, and Macau has already seen over 279,000 visitors in the first two days, with an expected total of 1.5 million visitors over the holiday period. However, amidst the booming gambling market in the surrounding areas, the Chinese Embassy in
Wynn Macau's Q4 2025 financial report is out, with an on-the-spot interpretation by investment bank Jefferies: Overall in line with expectations, VIP business being the highlight, but profits were dragged down by win rates. Data shows that quarterly revenue increased by 4% year-on-year to $968 mill
