{"id":777043007,"date":"2026-06-02T08:03:52","date_gmt":"2026-06-02T11:03:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777043007"},"modified":"2026-06-05T11:05:02","modified_gmt":"2026-06-05T14:05:02","slug":"seaport-expects-macau-gaming-growth-to-slow-despite-strong-may-performance","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/seaport-expects-macau-gaming-growth-to-slow-despite-strong-may-performance","title":{"rendered":"Seaport expects Macau gaming growth to slow despite strong May performance"},"content":{"rendered":"\n<p>The brokerage maintains a positive outlook for 2026 but warns that softer demand could limit revenue growth in the second half.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Despite <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-rises-6-7-year-over-year-in-may\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-rises-6-7-year-over-year-in-may\" target=\"_blank\" rel=\"noreferrer noopener\">stronger-than-expected results in May<\/a>, analysts at Seaport Research Partners believe the Macau casino sector&#8217;s growth is likely to slow in the coming months. It forecasts full-year Macau GGR growth of 6.2 per cent, with growth in the second half slowing to 4 per cent year-on-year unless demand or liquidity conditions improve.<\/p>\n\n\n\n<p>According to official figures, Macau\u2019s gross gaming revenue (GGR) reached MOP22.6bn (US$2.8bn) in May, up 6.7 per cent year-on-year. Seaport analyst Vitaly Umansky said the result could have been stronger if not for unusually low VIP hold, estimating that hold-adjusted growth may have exceeded 12 per cent. The firm expects June to be a challenging month, expecting GGR to decline by 0.3 per cent compared to June 2025.\u00a0<\/p>\n\n\n\n<p>According to Seaport, premium gaming remains the main driver of growth, supported by strong liquidity and easier access to visas and credit. However, it noted that the mass-market segment, particularly overnight visitors, continues to lag behind pre-pandemic levels.<\/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\/2020\/12\/macau-government-subsidized-60000-hotel-stays-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\/macau-hotel-occupancy-hits-90-2-in-april'>Macau hotel occupancy hits 90.2% in April<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The brokerage maintains a positive outlook for 2026 but warns that softer demand could limit revenue growth in the second half.<\/p>\n","protected":false},"author":680,"featured_media":25557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Seaport Research Partners forecasts a slowdown in Macau's casino GGR growth for H2 2024, despite stronger-than-expected May results driven by premium gaming. The brokerage maintains a positive outlook for 2026 but warns that softer demand could limit near-term revenue expansion, with the mass-market segment continuing to lag pre-pandemic levels.","focusai_entities":"Seaport Research Partners, Vitaly Umansky","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), operator_casino (0.98), marketing_crm (0.85), investor_analyst (0.99), supplier_vendor (0.88), journalist_researcher (0.97)","focusai_suggestions":[{"label":"Macau GGR H2 Outlook?","query":"What specific factors are driving Seaport Research Partners' forecast for decelerated GGR growth in Macau during the second half of 2024, and what are the implications for operator profitability?"},{"label":"Premium vs. Mass Market?","query":"How are the differing growth trajectories of Macau's premium gaming and mass-market segments impacting overall GGR, and what strategic adjustments are operators making to address these trends?"}],"footnotes":""},"categories":[157,16338,24628,158],"tags":[725,257,24784],"class_list":["post-777043007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-highlight-of-the-week","category-slider-home","tag-ggr","tag-macau","tag-seaport-research-partners"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777043007","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=777043007"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777043007\/revisions"}],"predecessor-version":[{"id":777043027,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777043007\/revisions\/777043027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25557"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777043007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777043007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777043007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}