{"id":777044419,"date":"2026-07-03T07:17:35","date_gmt":"2026-07-03T10:17:35","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777044419"},"modified":"2026-07-03T07:30:09","modified_gmt":"2026-07-03T10:30:09","slug":"seaport-forecasts-7-9-decline-in-macau-ggr-for-july-as-world-cup-impact-continues","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/seaport-forecasts-7-9-decline-in-macau-ggr-for-july-as-world-cup-impact-continues","title":{"rendered":"Seaport forecasts 7-9% decline in Macau GGR for July as World Cup impact continues"},"content":{"rendered":"\n

The brokerage predicts a rebound in August.<\/p>\n\n\n\n\n\n\n\n

Macau.- Seaport Research Partners <\/strong>has forecast that Macau\u2019s gross gaming revenue (GGR) could decrease by between 7 and 9 per cent year-on-year in July. It noted that the FIFA World Cup had diverted player activity and visitation, contributing to a weaker-than-expected June, with Macau’s GGR down 12.1 per cent year-on-year to MOP18.55bn (US$2.29bn)<\/a>. <\/p>\n\n\n\n

Analyst Vitaly Umansky<\/strong> also suggested that concerns surrounding money flows may be limiting some player activity. Seaport estimates average daily GGR of MOP658m (US$81.5m) in July, up 6 per cent month-on-month but equivalent to only 83 per cent of July 2019 levels.<\/p>\n\n\n\n

He expects the market to return to annual growth in August<\/strong>, forecasting an increase of around 5 per cent year-on-year as the impact of the World Cup fades. The analyst anticipates third quarter GGR growth of around 2 per cent, followed by a 4 per cent increase in the last three-month period of 2026.\u00a0<\/p>\n\n\n\n

\u201cWhile there are concerns around the near-term sustainability of GGR growth and the Chinese economy (along with geopolitical risks), gaming valuations (in particular those with Macau exposure) remain largely undemanding, contributing to a continued positive risk\/reward positioning for most operators,\u201d Umansky said in a note to investors.<\/p>\n\n\n\n

With 104 matches, the expanded 48-team FIFA World Cup is having a\u00a0greater impact on Macau\u2019s gaming industry<\/a> than previous tournaments. Citi analysts\u00a0George Choi and Timothy Chau<\/strong>\u00a0also said they expect it to continue to divert part of consumers\u2019 gaming budgets, maintaining pressure on casino revenues during the first three weeks of July<\/a>.<\/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> Moody’s revises Wynn Resorts outlook to stable while affirming B1 ratings<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The brokerage predicts a rebound in August.<\/p>\n","protected":false},"author":226,"featured_media":777044426,"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 7-9% year-on-year GGR decrease for Macau in July, attributing the decline to the FIFA World Cup diverting player activity and visitation, following a weaker June. Despite near-term concerns regarding GGR sustainability and the Chinese economy, analysts predict a rebound to annual growth in August and positive Q3\/Q4 2026 GGR increases, noting undemanding valuations for Macau-exposed operators.","focusai_entities":"Seaport Research Partners, Vitaly Umansky, FIFA, Citi, George Choi, Timothy Chau, Moody's, Wynn Resorts","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), compliance_legal (0.7), operator_casino (0.95), marketing_crm (0.8), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Operator Mitigation Strategies","query":"Beyond the immediate World Cup impact, what specific operational and marketing strategies are Macau operators deploying to address the underlying concerns regarding \"money flows\" and ensure sustainable GGR growth amidst broader Chinese economic uncertainties?"},{"label":"Valuation Drivers","query":"Considering the \"undemanding\" valuations, what specific GGR growth trajectories and regulatory stability metrics are institutional investors prioritizing when assessing the long-term risk\/reward profile of Macau-exposed gaming equities?"}],"footnotes":""},"categories":[28,16338],"tags":[29,257,233],"class_list":["post-777044419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-casino","tag-macau","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044419","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=777044419"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044419\/revisions"}],"predecessor-version":[{"id":777044429,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044419\/revisions\/777044429"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777044426"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777044419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777044419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777044419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}