Macau's gross gaming revenue (GGR) reached $2.46 billion in August, representing 81.7 percent of the GGR recorded in August 2019. This marks the best relative comparison since Macau’s reopening following the pandemic.

Brokerage Seaport Research Partners has expressed concerns about the slow ramp-up at SJM's flagship property, the Grand Lisboa Palace in Cotai, after the group revealed its recent results.

Seaport Research Partners notes that Macau’s base mass is unlikely to experience a strong recovery until China’s economy and consumer confidence improve.

Seaport Research Partners has suggested that the reported impact from an increase in baccarat hold rates at Marina Bay Sands (MBS) may be ‘highly over-stated.’

The rollout of smart tables by Macau gaming operators over the next six to nine months will put concessionaires on a more even playing field and lead to both operational and marketing capability improvements, brokerage Seaport pointed out.

Gaining premium mass market share in Macau is crucial for Wynn's growth over the next 1-2 years, according to Seaport Research. According to senior analyst Vitaly Umansky, Wynn may increase its market share in 2024 but could lose some in 2025 due to competition from newer properties like Sands and Galaxy.

SJM Holdings Limited (SJM) first quarter financial results showed slight improvements and met analyst expectations, but the slow ramp-up at Grand Lisboa Palace amidst a robust Macau recovery was worrying for the gaming operator, brokerage Seaport pointed out.

A top analyst is forecasting that Macau’s gross gaming revenue in May could hit its highest monthly tally so far this year, and the highest since the onset of the pandemic, at $2.5 billion, even potentially going as high as $2.58 billion.

Thailand is again front and center, with recent political shifts highlighting the importance of the possible upcoming gaming industry on a global scale. And local billionaires are not wanting to miss out, with a host preparing projects from Bangkok to Phuket. Meanwhile, the world's top gaming industry, Macau, continues to shine, with analysts at Seaport indicating that August saw its best performance since the city's reopening.

Macau's likely next Chief Executive has already made his opinions clear in regards to the gaming sector. In a speech announcing his candidacy, the former judge Sam Hou Fai highlighted that China's central government has already mandated that Macau diversify away from gaming, while claiming that over the years the sector has become "unbalanced". Meanwhile, analysts indicate that Sands China is shining, grabbing a 24.5 percent gross gaming revenue share in the second quarter, strongly ahead of its competitors.