\u201cGrowth should be driven by increased marketing<\/strong> and, importantly, continued ease of money outflow<\/strong>s,\u201d Umansky said. \u201cAlong with robust visa issuance<\/strong>, continued entertainment events will further help support demand. A trade deal between the US and China <\/strong>is likely to further boost consumer confidence and willingness to spend and travel to Macau, and any improvement in China consumer confidence would help drive overnight base mass recovery,\u201d he added.<\/p>\n\n\n\n The analyst wrote \u201cOur growth assumptions are driven by consumer confidence in China rising and the upper middle class base mass customers<\/strong> deploy their spending power while the wealthier premium segment continues to perform as well. The key growth driver however remains liquidity; as long as the liquidity channels remain open, Macau will continue to meet gaming demand (high-end demand in particular).\u201d <\/p>\n\n\n\n The\u00a0Gaming Inspection and Coordination Bureau (DICJ)<\/strong>\u00a0has reported that Macau\u2019s gross gaming revenue (GGR) was MOP18.3bn (US$2.27bn) in September<\/a>, an increase of 6 per cent in year-on-year terms, but 17.5 per cent behind August, when GGR reached MOP22.16bn (US$2.77bn), the\u00a0highest monthly total<\/a>\u00a0of 2025 so far.\u00a0 Casino operations in September were\u00a0disrupted by Super Typhoon Ragasa<\/a>.<\/p>\n\n\n\n Cumulatively, Macau\u2019s GGR for the first nine months of 2025 was MOP181.3bn (US$22.5bn)<\/strong>, up 7.1 per cent year-on-year. The figure was 17.7 per cent below pre-pandemic levels (MOP220.2bn \/ US$27.4bn). Looking ahead, analysts have high expectations for this year\u2019s October Golden Week<\/a> holiday period.<\/p>\n\n\n![\"\"](\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/08\/macau-ggr-1-300x200.jpeg\")
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