{"id":777029332,"date":"2025-07-22T08:11:06","date_gmt":"2025-07-22T11:11:06","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777029332"},"modified":"2026-04-21T20:47:36","modified_gmt":"2026-04-21T23:47:36","slug":"seaport-raises-macau-ggr-forecast-for-second-half-of-2025","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/seaport-raises-macau-ggr-forecast-for-second-half-of-2025","title":{"rendered":"Seaport raises Macau GGR forecast for second half of 2025"},"content":{"rendered":"\n

Analysts now expect Macau GGR to grow by 9 per cent in the July-December period.<\/p>\n\n\n\n\n\n\n\n

Macau.- Seaport Research Partners<\/strong> has forecast that Macau\u2019s gross gaming revenue (GGR) could rise by 9 per cent year-on-year in the second half of 2025. Analyst Vitaly Umansky <\/strong>said the rise in the forecast was because growth had reaccelerated in the last few months. Macau GGR grew by 4.4 per cent year-on-year to MOP118.8bn (US$14.7bn) in the first half of 2025<\/a>.<\/p>\n\n\n\n

\u201cIn Macau, we now forecast GGR growth of 7 per cent\u201d for full-year 2025, stated Umansky in his Monday update. Macau\u2019s 2025 GGR performance could be followed by 7 per cent growth for the next several years, which should lead to EBITDA CAGR of 9 per cent,\u201d he added.<\/p>\n\n\n\n

Umansky concluded that longer-term, market share shifts would benefit Sands and Galaxy, while smaller operators would see a loss in share.<\/p>\n\n\n\n

Last month, the Macau government lowered its gross gaming revenue (GGR) forecast for this year\u00a0by 5 per cent<\/a>, from\u00a0MOP240bn (US$29.8bn)\u00a0to MOP228bn (US$28.3bn).\u00a0The\u00a02025 fiscal budget\u00a0amendment bill<\/a> estimates gaming tax revenue of\u00a0MOP79.8bn (US$9.87bn)<\/strong>, also 5 per cent lower than previously expected.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Macau government lowers GGR forecast for 2025<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Analysts now expect Macau GGR to grow by 9 per cent in the July-December period.<\/p>\n","protected":false},"author":226,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Seaport Research Partners has revised its Macau GGR forecast upwards for H2 2025 and full-year 2025, projecting 7% growth for the full year and sustained 7% growth for several years, leading to a 9% EBITDA CAGR. This contrasts with the Macau government's recent 5% downward revision for its 2025 GGR forecast. Analyst Vitaly Umansky anticipates market share consolidation benefiting larger operators like Sands and Galaxy.","focusai_entities":"Seaport Research Partners, Vitaly Umansky, Sands, Galaxy, Macau government","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.95), marketing_crm (0.7), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Forecast Discrepancies?","query":"How do Seaport Research Partners' revised GGR forecasts for Macau align with or diverge from other leading financial institutions' projections for 2025 and beyond?"},{"label":"Market Share Shift Drivers?","query":"What specific operational or market factors are driving the anticipated market share shifts favoring Sands and Galaxy over smaller Macau operators?"}],"footnotes":""},"categories":[16338,163],"tags":[257,24841],"class_list":["post-777029332","post","type-post","status-publish","format-standard","hentry","category-east-asia-news","category-finance-news","tag-macau","tag-seaport"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777029332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777029332"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777029332\/revisions"}],"predecessor-version":[{"id":777029382,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777029332\/revisions\/777029382"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777029332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777029332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777029332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}