Tag: Gaming
Seaport flags record mass revenue in Macau, warns of 2026 deceleration
Macau’s casinos posted the strongest mass-market gross gaming revenue (GGR) growth in the first quarter of 2026 since the third quarter of 2024, though industry margins ...Citi: Wynn Macau sees sharp gains in April
Wynn Macau Ltd. emerged as the top gainer in Citigroup’s latest monthly survey of premium mass table betting in Macau, capturing a 23% market share, up ...MGM executives hold high-level Beijing talks on tourism
Bill Hornbuckle, chief executive and president of MGM Resorts International, and other senior MGM China executives recently met with China’s Vice Premier He Lifeng, alongside Xu ...Casino revenue steady despite quarterly dip, says insider
Macau’s first-quarter gaming revenue rose 14.25% year-on-year to MOP 65.873 billion but edged down 0.28% from the previous quarter, with industry insiders predicting minimal fluctuations ahead. ...Analysts: EBITDA grows 7-8% in Q1 despite margin pressures
Macau’s casinos posted first-quarter EBITDA growth of 7% to 8% year-on-year, trailing the city’s 14.3% gross gaming revenue (GGR) surge due to unfavorable VIP-to-mass player mixes ...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 ...Analysts forecast slower April GGR growth after strong March
Macau’s gross gaming revenue (GGR) is expected to rise 10% to 12% year-over-year in April, though analysts warn that momentum may be slowing after strong March ...Melco parent posts strong 2025 rebound, eyes luxury expansion in 2026
Hong Kong-listed parent company of Melco Resorts, Melco International Development Limited, announced robust annual results for the year ended December 31, 2025, marking a turnaround from ...
