{"id":777031891,"date":"2025-09-19T08:37:07","date_gmt":"2025-09-19T11:37:07","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777031891"},"modified":"2026-04-21T19:01:17","modified_gmt":"2026-04-21T22:01:17","slug":"barclays-raises-macau-casino-revenue-forecast","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/barclays-raises-macau-casino-revenue-forecast","title":{"rendered":"Barclays raises Macau casino revenue forecast"},"content":{"rendered":"\n

It cites strong visitor numbers and favourable economic conditions.<\/p>\n\n\n\n\n\n\n\n

Macau.- Barclays has raised its forecast for Macau’s 2025 gross gaming revenue (GGR) by 6 per cent to MOP246bn (US$31bn), well above the government’s forecast of MOP228bn (US$28.5bn). It cited strong tourist arrivals<\/a>, a strong stock market boosting consumer wealth, and improved safety perceptions favouring Macau over Southeast Asian destinations like Thailand, the Philippines, and Cambodia.<\/p>\n\n\n\n

As well as the favourable macroeconomic environment, the bank mentioned more relaxed visa policies<\/a>, and the appeal of major events and concerts as key growth drivers. The \u201cSuper Golden Week\u201d holiday from October 1 to 8, combining National Day and the Mid-Autumn Festival, is expected to boost visitor numbers.<\/p>\n\n\n\n

In the first eight months of 2025, Macau\u2019s gaming industry generated MOP163bn (US$20,3bn) in GGR<\/a>, a 7.2 per cent year-on-year increase. The second quarter saw particularly strong growth, with VIP revenue rising 12.9 per cent, outpacing the mass market\u2019s 3.7 per cent growth. Among the six major operators, Galaxy Entertainment and MGM China gained market share, while SJM Holdings\u2019 share dropped to 12.2 per cent,<\/a> impacted by satellite casino closures. <\/p>\n\n\n\n

Barclays forecasts third-quarter GGR growth of 15 per cent year-on-year, driven by new projects like Galaxy Macau Phase 4, though growth is expected to slow to 3 per cent in 2026. It expects mass market revenue to reach 115 per cent of 2019 levels in 2025 and 117 per cent in 2026, with VIP revenue 50 per cent of 2019 levels in 2025 and 51 per cent in 2026.<\/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> Property market sees impact from Macau satellite casino closures<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

It cites strong visitor numbers and favourable economic conditions.<\/p>\n","protected":false},"author":680,"featured_media":21858,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Barclays has increased its 2025 Gross Gaming Revenue (GGR) forecast for Macau to MOP246bn (US$31bn), citing strong tourist arrivals, favorable economic conditions, and relaxed visa policies. The report highlights significant Q2 growth, particularly in VIP revenue, and notes market share gains by Galaxy Entertainment and MGM China, while SJM Holdings experienced a decline.","focusai_entities":"Barclays, Galaxy Entertainment, MGM China, SJM Holdings","focusai_location":"Macau, Thailand, Philippines, Cambodia","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.98), marketing_crm (0.7), investor_analyst (0.99), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Sustainability?","query":"Given the projected slowdown in 2026, what specific strategic initiatives are Macau operators implementing to sustain GGR growth beyond the initial post-pandemic recovery phase?"},{"label":"VIP vs. Mass Market Impact?","query":"How might the continued disparity between VIP and mass market recovery rates influence future capital allocation and product development strategies for Macau's concessionaires?"}],"footnotes":""},"categories":[28,16338],"tags":[257,23906,24680],"class_list":["post-777031891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-macau","tag-macau-casinos","tag-tourism"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031891","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\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777031891"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031891\/revisions"}],"predecessor-version":[{"id":777031909,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031891\/revisions\/777031909"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21858"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777031891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}