Good Morning. Experts are bullish on Macau, as one analyst opines that gross gaming revenue could top $70 billion within the next 10 years, depending on policy choices and entry permits for punters from China. And the city remains a top outbound travel destination for Hong Kong visitors, firming its expansion to other markets. However, the 10-year license for gaming operators is too short for the city to make itself into the desired leisure and MICE hub, say analysts at CBRE.

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What you need to know

  • Macau’s growth will continue, notes an analyst, predicting that within 10 years GGR could hit $70 billion.
  • Tourism expert says that Macau is still among the top outbound travel choices for Hong Kong travelers, as its offering meets pent-up demand.
  • Analysts at CBRE say the 10-year license period for Macau’s operators is likely too short to transform into a leisure/MICE hub.

On the radar

AGB Intelligence


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Macau GGR could top $70 billion in 10 years: analyst

Expectations are for Macau to continue to grow, topping 2019’s peak of nearly $38 billion and reaching as high as $70 billion within the next 10 years. Experts concur that the Chinese market continues to be underserved, with strong interest in how to convert players to engage in gaming, as non-gaming spend is not expected to top 15 percent of overall revenue even within 10 years

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