Macau Casinos Experience GGR Recovery Post-world Cup in Fall
WHO:
Macau Business - Jeny Lau was appointed as the new Chief Financial Officer of MGM China, effective August 1st.
ggrasia.com - Macau casinos are involved in the recovery of gross gaming revenue (GGR).
IAG – Inside Asian Gaming - Seaport is a key entity reporting on the GGR trends in Macau.
WHAT:
Macau Business - Parent MGM Resorts International reported Segment Adjusted EBITDAR of US$257 million, reflecting higher intracompany branding license fees.
Casino.org - June’s GGR was down 12.1%, and July gaming revenue was 8.4% lower at MOP20.26 billion (US$2.51 billion).
Casino.org - July’s GGR result was about $230 million lower than July 2025.
Casino.org - Through seven months, 2026 GGR is now only 4.4% higher than it was at this time last year.
Casino.org - Vitaly Umansky, Seaport Research Partners’ senior global gaming analyst, forecasts August GGR to be +4.5% year-on-year and September GGR growth of 11% year-on-year.
Casino.org - Umansky's estimates are based on easier visa policies, including the city’s visa-on-arrival scheme that allows visitors from most countries to be granted access for stays of up to 30 days.
Macau Business - MGM China posted adjusted EBITDA of HK$2.33 billion (US$298 million) in the April–June quarter, down 7.4 percent year-on-year, while revenue slipped 0.5 percent to HK$8.63 billion (US$1.1 billion).
Macau Business - Main-floor table games drop fell 6.2 percent to HK$29.89 billion (US$3.83 billion).
Macau Business - MGM's market share rose to about 16.4 percent in the second quarter, up roughly 100 basis points sequentially.
Macau Business - Kenneth Feng, executive director of MGM China, stated that the recovery “started to emerge rapidly in the second and third weeks of July” after the World Cup.
ggrasia.com - Macau's GGR is expected to rebound in August and September following a decline due to the World Cup.
IAG – Inside Asian Gaming - The GGR in Macau is projected to return to a growth phase during the months of August and September.
WHERE:
ggrasia.com - The location of the casinos is Macau, a Special Administrative Region of China.
IAG – Inside Asian Gaming - The report focuses on the gaming industry in Macau.
WHEN:
ggrasia.com - The recovery in GGR is anticipated to occur in August and September.
IAG – Inside Asian Gaming - The growth phase is specifically noted for the months of August and September.
WHY:
ggrasia.com - The recovery in GGR is attributed to a rebound following the World Cup, which had previously impacted revenue negatively.
IAG – Inside Asian Gaming - The post-World Cup period is identified as a contributing factor to the expected growth in GGR.
HOW:
Macau Business - MGM Resorts management noted that the World Cup impact was temporary rather than structural, and that business after the tournament had surpassed Q1 levels.
ggrasia.com - The report suggests that the recovery is linked to increased visitor activity and spending in the casinos after the World Cup event.
IAG – Inside Asian Gaming - The analysis indicates that the gaming sector is responding positively to the post-World Cup environment.
MGM Resorts International reported a Segment Adjusted EBITDAR of US$257 million, largely due to increased intracompany branding license fees. In gaming news, July's gross gaming revenue fell to MOP20.26 billion, which is about $230 million lower than the same month last year, while forecasts suggest a potential growth of 4.5% in August and 11% in September, thanks to new visa policies. Additionally, Jeny Lau has been appointed as the new Chief Financial Officer of MGM China, effective August 1st.