{"id":777040069,"date":"2026-04-06T07:51:33","date_gmt":"2026-04-06T10:51:33","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777040069"},"modified":"2026-04-21T12:51:33","modified_gmt":"2026-04-21T15:51:33","slug":"seaport-sees-macau-gaming-growth-moderating-after-strong-march-performance","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/seaport-sees-macau-gaming-growth-moderating-after-strong-march-performance","title":{"rendered":"Seaport sees Macau gaming growth moderating after strong March performance"},"content":{"rendered":"\n

Analyst forecasts double-digit April growth but warns of slower momentum in the second half of 2026.<\/p>\n\n\n\n\n\n\n\n

Macau.- Analysts at Seaport Research Partners<\/strong> expect Macau gaming growth to moderate in the coming months. They forecast that gross gaming revenue (GGR) will grow by around 12 per cent year-on-year in April<\/strong> and 8.2 per cent in May as comparisons become more challenging and market momentum normalises.<\/p>\n\n\n\n

Vitaly Umansky<\/strong>, senior analyst at Seaport, said: \u201cWe expect growth to slow unless we see a pick-up in demand or liquidity improvement. We forecast 2026 to grow 7 per cent, with 1H rising 9.8 per cent and 2H slowing to 4.4 per cent.\u201d<\/p>\n\n\n\n

Concerns include China\u2019s economic outlook, consumer confidence and potential shifts in travel and spending patterns. Umansky said: \u201cWhile there are concerns around the sustainability of GGR growth and the Chinese economy, along with geopolitical risks, gaming valuations \u2013 in particular those with Macau exposure \u2013 remain largely undemanding, contributing to a continued positive risk\/reward positioning for most operators.\u201d<\/p>\n\n\n\n

Analysts also expect operators to benefit from improved EBITDA flow-through as revenue growth stabilises, particularly if premium mass demand remains resilient.<\/p>\n\n\n\n


<\/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 Legend future on the brink after HK$1.57bn loss\u00a0<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Analyst forecasts double-digit April growth but warns of slower momentum in the second half of 2026.<\/p>\n","protected":false},"author":226,"featured_media":777040073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Analysts at Seaport Research Partners forecast a moderation in Macau's Gross Gaming Revenue (GGR) growth, projecting a 12% year-on-year increase for April and 8.2% for May, with a significant slowdown anticipated in the second half of 2026. Despite concerns regarding China's economic outlook and geopolitical risks, gaming valuations, particularly for Macau-exposed operators, are considered undemanding, maintaining a positive risk\/reward profile.","focusai_entities":"Seaport Research Partners, Vitaly Umansky, Macau Legend","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Operator Valuations?","query":"Given the projected GGR moderation, what specific factors contribute to analysts maintaining a 'positive risk\/reward positioning' for Macau operators, and how might this influence M&A activity?"},{"label":"Premium Mass Resilience?","query":"What specific indicators or market intelligence suggest the premium mass segment will remain resilient amidst broader economic concerns, and how critical is this segment to sustaining EBITDA flow-through for Macau operators?"}],"footnotes":""},"categories":[16338,163],"tags":[227,23911,23906],"class_list":["post-777040069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-china","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777040069","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=777040069"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777040069\/revisions"}],"predecessor-version":[{"id":777040112,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777040069\/revisions\/777040112"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777040073"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777040069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777040069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777040069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}