{"id":777031279,"date":"2025-09-05T07:01:50","date_gmt":"2025-09-05T10:01:50","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777031279"},"modified":"2026-04-21T19:27:40","modified_gmt":"2026-04-21T22:27:40","slug":"jefferies-raises-macau-gambling-revenue-forecast","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/jefferies-raises-macau-gambling-revenue-forecast","title":{"rendered":"Jefferies raises Macau gambling revenue forecast\u00a0"},"content":{"rendered":"\n<p>Analysts expect annual gaming revenue to reach US$31.8bn.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- <strong>Jefferies<\/strong> has revised upwards its gross gaming revenue (GGR) forecast for Macau\u2019s casino sector. Analysts now expect GGR for 2025 to reach MOP248bn (US$31.8bn), up from their <a href=\"https:\/\/focusgn.com\/asia-pacific\/jefferies-cuts-macau-ggr-forecast-2\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/jefferies-cuts-macau-ggr-forecast-2\" target=\"_blank\" rel=\"noreferrer noopener\">previous estimate<\/a> of MOP237bn (US$29.3bn). The figure would also be higher than <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-government-lowers-ggr-forecast-for-2025\" target=\"_blank\" rel=\"noreferrer noopener\">government estimates<\/a>.<\/p>\n\n\n\n<p>Jefferies cited the impact of <strong>entertainment events<\/strong> and <strong>new properties<\/strong> as well as operators offering \u201cmore incentives to players,\u201d and \u201cnew wealth\u201d benefiting gamblers due to positive performances in the real estate, stock and cryptocurrency markets<\/p>\n\n\n\n<p>Analysts <strong>Anne Ling and Jingjue Pei<\/strong> wrote: \u201cWe expect these drivers will continue to fuel GGR growth for the rest of the year. We expect events such as the NBA China Games and Macau Grand Prix will continue to help boost GGR in Sept-Dec.\u201d<\/p>\n\n\n\n<p>Jefferies expects GGR growth of between 13.8 per cent and 15.3 per cent year-on-year for the third quarter of 2025.<\/p>\n\n\n\n<p>Earlier this week, the Gaming Inspection and Coordination Bureau (DICJ)  reported that Macau\u2019s gross gaming revenue (GGR) was&nbsp;<a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-reaches-highest-monthly-total-since-the-pandemic-in-august\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-reaches-highest-monthly-total-since-the-pandemic-in-august\" target=\"_blank\" rel=\"noreferrer noopener\">MOP22.16bn (US$2.76bn)&nbsp;in August<\/a>. That\u2019s an increase of 12.2 per cent in year-on-year terms and slightly higher than&nbsp;<a href=\"https:\/\/focusgn.com\/asia-pacific\/in-july-macau-ggr-reaches-highest-monthly-total-since-the-pandemic\" target=\"_blank\" rel=\"noreferrer noopener\">July\u2019s GGR<\/a>&nbsp;of MOP22.13bn (US$2.73bn). Cumulatively, Macau\u2019s GGR for the first eight months of 2025 was MOP163.05bn (US$19.11bn), up 7.2 per cent year-on-year. The figure was 11.7 per cent below pre-pandemic levels (MOP198.22bn \/ US$24.75bn).<\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/06\/photo-1454165804606-c3d57bc86b40-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/jefferies-cuts-macau-ggr-forecast-2'>Jefferies cuts Macau GGR forecast<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Analysts expect annual gaming revenue to reach US$31.8bn.<\/p>\n","protected":false},"author":226,"featured_media":777031282,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Jefferies has revised its 2025 Gross Gaming Revenue (GGR) forecast for Macau's casino sector upwards to US$31.8bn, citing the positive impact of entertainment events, new properties, and enhanced player incentives. This adjustment follows strong August GGR performance and anticipates continued growth, although cumulative GGR remains below pre-pandemic levels.","focusai_entities":"Jefferies, Anne Ling, Jingjue Pei, Gaming Inspection and Coordination Bureau (DICJ)","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Drivers?","query":"What specific entertainment events and new property developments are projected to have the most significant impact on Macau's GGR growth through 2025, as per Jefferies' analysis?"},{"label":"Operator Incentive Impact?","query":"How are Macau casino operators adjusting their player incentive programs and marketing strategies in response to the revised GGR forecasts and the competitive landscape?"}],"footnotes":""},"categories":[16338,163,24628,158],"tags":[24619,24891,257],"class_list":["post-777031279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-highlight-of-the-week","category-slider-home","tag-finance","tag-jefferies","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031279","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=777031279"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031279\/revisions"}],"predecessor-version":[{"id":777031292,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031279\/revisions\/777031292"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777031282"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777031279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}