Good Morning. Coming off of Golden Week, it felt like Macau couldn’t do any better. But November’s results are now set to clock an increase of around 16 percent yearly, according to analysts, as the momentum carries on. The world’s gambling mecca does not appear to want to take a break, and operators must be eating up the attention. Looking to South Korea, the only foreigner-welcoming casino Kangwon Land has seen steady results, with its value-up targets fully achieved and intents to further shareholder paybacks.
What you need to know
- Macau GGR is projected to rise 16% in 4Q25, and Morgan Stanley expects the double-digit growth trend to extend into 2026.
- Kangwon Land reports full achievement outfits goals for the period, noting that strong service enhancements and cost optimization drive growth.
On the radar
- Melco Resorts to shut down Mocha Grand Dragon.
- Macau gov’t predicts lower gaming tax volume for 2026.
- Myanmar military raid nets over 300 at Thai-border scam centre.
AGB Intelligence
MACAU
GGR predicted to rise 16% in 4Q25: analysts
Morgan Stanley estimates that Macau has a very strong future for this year, with GGR increases over 10 percent year-on-year. Hopes are for a 16 percent yearly rise for gross gaming revenue in 4Q25, with a 9 percent boost to EBITDA in the same quarter. However, officials are reticent to nail down a fixed amount, pushing instead to publicly laud the growth of the industry and the success in diversification.
Industry Updates
- PAGCOR endorses WSL Challenger Series to boost PH sports tourism.
- Continent 8 appoints David Brace to the executive leadership team.
- Slotegrator partners with BEON to expand across India, Africa, and LatAm.
Corporate Spotlight
90-Day Playbook for Winning Asia’s Gaming Market | GR8 Tech
Every operator can launch, but few can lead. In Asia, leadership is won in the 90 days after go-live, when payments feel effortless, content resonates locally, and every touchpoint builds trust.
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