Macau casino stocks on the up
MGM China was up today following the publication of H1 results.
Macau.- Macau’s casino stocks are on the up after three consecutive months of Gross Gaming Revenue (GGR) surpassing analyst expectations. According to Bloomberg Intelligence, Macau casino shares have climbed nearly 60 per cent since April.
Hong Kong-listed MGM China’s share price was up by 6.5 per cent in mid-market trading together following the publication of H1 results. Melco dipped but has recovered and surpassed its level from last October.
For H1, the city’s casino industry generated MOP 118.77bn (US$14.5bn) in GGR through June, a 4.4 per cent increase over the same period last year. June brought in MOP 21.06bn (US$ 2.6bn), making it the second-best month since 2019 behind May’s MOP 21.19bn (US$ 2.62bn).
Analysts attribute the sector’s momentum to visa policies, enhanced railway access, and a range of entertainment offerings such as Jacky Cheung and K-pop icon G-Dragon. Over 19 million visitors travelled to Macau in the first half of 2025, up 14.9 per cent year-on-year, with notable growth in international arrivals, particularly from outside Asia.