Macau’s Gambling Scene Continues to Recover Faster than Initial Forecasts
Macau's casino revenue is recovering faster than expected, with projected growth for the next few years, though still below pre-pandemic levels.Summary
UBS Group AG reports that Macau’s casino revenue recovery is exceeding initial forecasts, prompting upward revisions from several investment banks. The bank now projects a 9% year-on-year growth in gross gaming revenue (GGR) for 2025, a slight increase from its previous estimate. Operators focusing on high-end products and services are expected to lead the market. While positive, revenue remains 16% below 2019 pre-pandemic levels. Forecasts for 2026 and 2027 predict further growth of 6% and 4% respectively, but still fall short of 2019 figures by 11% and 7%. Major events like the National Games and Macau Grand Prix have contributed to the recent growth, with premium gamblers showing strong spending patterns. Analysts anticipate continued recovery in 2026, supported by a strong event calendar, and recent data aligns with optimistic forecasts.
(Source：Gamblingnews)