Macau's 2026 Economic Outlook: GDP Expected to Increase by 2%-5%, Recovery to 90% of Pre-Pandemic Levels

Recently at the Macau Economic Forum, the Macau Economic Association (MEA) released its economic forecast for 2026. They estimate that Macau's Gross Domestic Product (GDP) will reach about 435 billion Macau patacas next year, which translates to a real growth rate of approximately 2% to 5%. This fi

Citi predicts: By 2026, Macau's gaming revenue will increase by 6%, with concerts and high-end clients being key.

International investment bank Citigroup has released a new report, delivering an optimistic "forward check" to the Macau gaming industry. The report predicts that by 2026, Macau's total gaming revenue (GGR) will grow by 6% year-on-year, reaching 263.5 billion Macau patacas (about 33.3 billion US dol

A jewelry store in Cotai, Macau is involved in an illegal currency exchange of 24 million US dollars, two employees arrested.

A jewelry store located in the Cotai Strip integrated resort in Macau is under investigation by the Judiciary Police for allegedly conducting illegal currency exchanges for gamblers. Preliminary estimates suggest that the amount involved reaches approximately $24 million. During the operation, two l

MGM and CityU successfully conclude the second Responsible Gambling Promotion Project, sparking creativity on campus.

MGM Resorts, a comprehensive resort operator in Macau, has once again teamed up with City University of Macau to successfully host the second "MGM × CityU Responsible Gambling Promotion Program". This project introduced new elements, not only continuing to train campus ambassadors but also launching

Macau's gambling revenue in November was 21 billion, showing steady progress with seasonal adjustments.

The latest data from the Macau Gaming Inspection and Coordination Bureau shows that the gross gaming revenue (GGR) for the entire industry in November reached 21.09 billion Macau patacas (approximately 2.63 billion US dollars). Although it has fallen from the peak of the year in October, it still ac

Investment institutions predict that Macau's gaming revenue will increase by 5% in 2026.

Investment firm CLSA recently released a report that is quite optimistic about the future trend of Macau's gaming industry, predicting a 5% increase in overall gaming revenue by 2026. The main basis is the strengthening of the RMB against the US dollar, coupled with good performance in domestic indu

Amax Holdings' net profit fell 91% in the third quarter, deciding to abandon the acquisition of Casino Ponte 16.

Macau gaming operator SJM Holdings recently announced that its net profit for the third quarter has significantly decreased by 91%, leading the company to abandon its acquisition plan for the satellite casino Ponte 16. This decision is based on a comprehensive business review, and employees will be

The Chief Executive of Macau, Ho Iat Seng, strengthens the monitoring of gaming operators' non-gaming investments to promote economic diversification and reduce dependency.

Macau Chief Executive Ho Iat Seng stated that he will continue to review the non-gaming investments of Macau's six major casino operators, aiming to reduce dependence on gaming revenue. This plan is a core part of Macau's economic diversification strategy, involving substantial investment and clear

Macau casinos to reopen on Thursday as the impact of the super typhoon "Hagibis" gradually subsides.

The Macao Special Administrative Region government has approved the reopening of casinos at 2 a.m. on Thursday. Previously, due to the super typhoon "Hagasha," all casinos in Macao were closed on Tuesday afternoon as a precaution to ensure the safety of employees and tourists.Typhoon Impact and Casi

Australia's acquisition of Satellite Casino aims for self-operation, Macau's gambling landscape may face a major reshuffle.

SJM Holdings management recently confirmed that they are in potential acquisition talks with two Macau satellite casino owners and are preparing to completely shut down their satellite casinos by the end of the year. This move marks an important step in SJM's strategic adjustment of its gaming lands

Macau casino employees worry that electronic gambling tables increase work pressure, legislators call for improved treatment.

With the introduction of electronic gaming tables in casinos, the work pressure on Macau casino employees has continued to increase, causing widespread concern. The Macau Gaming Enterprises Staff Association has launched a staff feedback forum, where employees have voiced this issue.Staff indicated

Macau's Gambling Industry Major Reshuffle: Satellite Casinos Exit, Who Can Secure Their Place at the Table?

In Macau, the world-renowned gambling capital, a profound transformation is quietly unfolding. The once glorious satellite casinos are exiting the stage, and Macau's gambling landscape is facing a significant turning point. Who can still remain in this competitive gambling arena? This is not only th

Macau casino shocked by high-level insider manipulating poker card order, eight arrested involving over 4.5 million Hong Kong dollars.

Macau police recently cracked a poker card cheating case involving collusion within a casino, arresting eight local residents, five of whom were casino employees, including a table manager, supervisor, and dealer. The investigation found that the gang manipulated the order of the card shoe, allowing

Macau reaffirms priority in casino industry employment! Calls for fair employment!

Satellite casinos continue to exit? SJM to close Grand Hyatt Casino early this week, accelerating industry consolidation.

Macau—Satellite casinos accelerate "exit", and the gambling industry enters a new phase of restructuring. SJM Resorts recently announced that it will close its Casino Grandview located in Costa on July 30 (this Wednesday), several months ahead of the originally scheduled year-end closure, officially

Macau to maintain a cap on VIP room intermediaries until 2026, marking the end of the high-rolling era in the gambling industry.

The Macau government has announced that it will maintain the current cap on the number of VIP room gaming intermediaries at 50 until 2026. According to the latest data from the Gaming Inspection and Coordination Bureau, there are currently only 22 intermediary agencies operating in Macau, which has