{"id":777036163,"date":"2025-12-16T12:07:17","date_gmt":"2025-12-16T15:07:17","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777036163"},"modified":"2026-04-21T15:54:57","modified_gmt":"2026-04-21T18:54:57","slug":"macquarie-forecasts-robust-december-for-macau-gaming","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macquarie-forecasts-robust-december-for-macau-gaming","title":{"rendered":"Macquarie forecasts solid December for Macau casinos"},"content":{"rendered":"\n

It expects monthly GGR to be up by 13 to 21 per cent year-on-year<\/p>\n\n\n\n\n\n\n\n

Macau.- Macquarie Research<\/strong> has forecast a solid December for Macau’s gaming industry with stable mass-market demand and recovering VIP volumes. According to a research note published on Monday, December 15,<\/strong> it expects monthly GGR to be up by 13 to 21 per cent year-on-year to MOP20.6bn-MOP22bn<\/strong> (US$2.55bn to US$2.72bn), based on daily GGR of MOP640m-MOP720m (US$79.4m to US$89.3m).<\/p>\n\n\n\n

Macquarie reported that last week average daily revenue was down 12 per cent <\/strong>week-on-week to around MOP650m (US$80.6m), mainly due to weaker VIP hold with win rates at 2.3 to 2.7 per cent vs 3.3 to 3.5 per cent in November. <\/p>\n\n\n\n

The note suggests that Macau’s gaming market is continuing to normalise, with steady demand despite VIP fluctuations. However, Macquarie warned of a potential market share loss of 1 per cent for SJM amid the closure of satellite casinos. It also signalled increasing promotional activities from operators like Sands China<\/strong>.<\/p>\n\n\n\n

Beyond gaming, Macquarie expects improving luxury consumption to drive growth for Macau’s integrated resort operators, supporting retail businesses. These factors contribute to the firm’s bullish outlook for Macau’s 2026 GGR. It expects mid-single digit growth, higher in Q1 but moderating in Q2.<\/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 casinos lower minimum bets to compete for mass players, Citi says<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

It expects monthly GGR to be up by 13 to 21 per cent year-on-year<\/p>\n","protected":false},"author":2395,"featured_media":16597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macquarie Research forecasts a robust December for Macau's gaming sector, projecting a 13-21% year-on-year GGR increase driven by stable mass-market demand and recovering VIP volumes. While noting a weekly dip in average daily revenue due to weaker VIP hold, the firm anticipates continued market normalization and mid-single-digit GGR growth for Macau by 2026, despite potential market share shifts among operators like SJM.","focusai_entities":"Macquarie Research, SJM, Sands China","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"VIP Hold Impact","query":"What specific operational adjustments are Macau operators implementing to mitigate the impact of fluctuating VIP hold rates and optimize NGR across their gaming verticals?"},{"label":"SJM Market Share Strategy","query":"How will the closure of satellite casinos specifically impact SJM's long-term market share strategy and its competitive positioning against integrated resort operators in Macau?"}],"footnotes":""},"categories":[28,16338],"tags":[24619,23908,257],"class_list":["post-777036163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-finance","tag-gaming-regulation","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036163","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777036163"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036163\/revisions"}],"predecessor-version":[{"id":777036170,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036163\/revisions\/777036170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16597"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777036163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777036163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777036163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}