{"id":777037204,"date":"2026-01-27T07:49:14","date_gmt":"2026-01-27T10:49:14","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777037204"},"modified":"2026-04-21T14:59:31","modified_gmt":"2026-04-21T17:59:31","slug":"creditsights-expects-slower-momentum-for-macaus-vip-segment-in-2026","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/creditsights-expects-slower-momentum-for-macaus-vip-segment-in-2026","title":{"rendered":"CreditSights expects slower momentum for Macau\u2019s VIP segment in 2026\u00a0"},"content":{"rendered":"\n<p>CreditSights sees moderate 2026 growth but warns that per-visitor gaming revenue may slow.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- CreditSights, part of the Fitch Group, expects Macau\u2019s casino gross gaming revenue (GGR) to record low- to mid-single-digit growth in full-year 2026. It said average GGR per visitor is likely to face a more challenging growth trajectory.<\/p>\n\n\n\n<p>Analysts Nicholas Chen and David Bussey noted that Macau\u2019s total GGR grew 9.1 per cent year-on-year to <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-reaches-us30-9bn-in-2025\" target=\"_blank\" rel=\"noreferrer noopener\">MOP247.4bn (US$30.9bn)<\/a> in 2025 driven by robust demand in the VIP segment. Looking ahead, they expect continued interest from high-value players and an easier year-on-year comparison in the first half of the year.<\/p>\n\n\n\n<p>They point out that arrivals from more affluent Chinese regions have largely recovered to pre-Covid levels, leaving future growth to come from less affluent markets with lower spend per visit. This could temper revenue performance as average spend per tourist may see slower growth if mainland demand trends remain concentrated in cost-sensitive segments.<\/p>\n\n\n\n<p><br><\/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\/08\/3e48ea45-ed23-4013-95d0-8ced84528449-300x200.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-projects-macau-mass-market-ggr-growth-of-6-6-per-cent-in-2026'>Jefferies projects Macau mass-market GGR growth of 6.6 per cent in 2026<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>CreditSights sees moderate 2026 growth but warns that per-visitor gaming revenue may slow.<\/p>\n","protected":false},"author":226,"featured_media":777037207,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"CreditSights projects low- to mid-single-digit GGR growth for Macau in 2026, driven by continued VIP demand, but warns of a potential slowdown in average GGR per visitor. This is attributed to the recovery of affluent Chinese regions to pre-Covid levels, necessitating future growth from less affluent, cost-sensitive segments.","focusai_entities":"CreditSights, Fitch Group, Nicholas Chen, David Bussey, Jefferies","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Macau GGR Drivers?","query":"What specific strategies are Macau operators implementing to mitigate the projected slowdown in GGR per visitor, particularly given the shift towards less affluent visitor segments and the reliance on VIP demand?"},{"label":"VIP Segment Sustainability?","query":"How sustainable is the current robust demand in Macau's VIP segment, and what are the potential regulatory or economic headwinds that could impact its contribution to overall GGR beyond 2025?"}],"footnotes":""},"categories":[16338,163],"tags":[227,23908,23906],"class_list":["post-777037204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-china","tag-gaming-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037204","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=777037204"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037204\/revisions"}],"predecessor-version":[{"id":777037236,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037204\/revisions\/777037236"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777037207"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777037204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777037204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777037204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}