New moves to relax visa requirements for mainland Chinese visitors to Macau is seen as a ‘positive signal’ by analysts, signalling China’s ongoing support for Macau’s economic development, to the possible detriment of other regions.

All six gaming operators in Macau plan to install RFID (Radio Frequency Identification) tables in the coming months to improve marketing efficiency and productivity, according to Goldman Sachs.

The 'sharper-than-expected slowdown' post the Chinese New Year (CNY) holidays is the reason for the lower recovery rate in Macau’s gross gaming revenue (GGR) in February compared to the previous months, says Goldman Sachs.

Both the VIP and mass-market segments, along with higher costs incurred for new hotel openings and sponsorship events, are factors that dragged Galaxy Entertainment Group's (GEG) 4Q23 performance, according to investment bank Goldman Sachs. 

Macau gaming operator Galaxy Entertainment Group (GEG) has bolstered its marketing team amidst intensifying competition in the high-end premium mass segment, says Goldman Sachs.

Alidad Tash picks the top Macau champions and losers for 2023 - with MGM emerging as the underdog. A restructuring of the market means that 2024 should prove quite interesting, as the operators should continue to thrive. Meanwhile, analysts at Goldman Sachs have called Galaxy's performance 'flat' as the group negotiates increased spending associated with its new hotels and large-scale events, even as gaming win turns sour.

Chinese, Japanese and Korean players will account for 80 percent of the addressable market population in the future, according to Goldman Sachs managing director Simon Cheung.

All is sunny down under, well at least for a certain operator. Crown Resorts appears to have come out on top amongst the sharp crackdown on land-based casinos in the nation. Its success in its remediation efforts now place it at an advantage to the competition, who continue to struggle with authorities, notes an expert.

The Legislative Assembly of Macau's approval of gaming credit legislation, which prohibits junkets from extending gaming credit, is viewed as a significant step towards aligning with public policy in China and Macau.

Macau's VIP baccarat gross gaming revenue (GGR) grew by 68 percent year-on-year in the first quarter, according to government data.