Good Morning. Up, up and away. Macau’s gaming sector sees no signs of slowing down, despite fluctuating Chinese consumer sentiment. Analysts at Jefferies are now pointing to a 5.3 percent increase in GGR for the year, based on increased visitation, new capacity and competition between the operators. Sands and Galaxy remain the frontrunners due to their strong mass focus, but MGM is carving its niche in premium. Meanwhile, in South Korea, Grand Korea Leisure says it’s not quite ready to advance with a Seoul casino but that the move isn’t completely off the table, depending on the results of a feasibility study.
What you need to know
- High expectations for 2026 by Jefferies analysts, with Sands China, Galaxy and MGM China set to shine and increase market share.
- Grand Korea Leisure says that plans for a Seoul casino are still ‘undetermined’, but it plans to conduct a feasibility study.
On the radar
- Macau gaming growth to slow to 3–7% in 2026, says S&P.
- Macau Legend: Cape Verde casino handover ‘lacked any legitimate basis’.
- Rare supercars linked to Prince Group to be auctioned in Taiwan.
- Vietnam aims for 10% GDP growth over the next 5 years.
- TransAct Technologies appoints Dana Loof as Chief Marketing Officer.
AGB Intelligence
MACAU
Macau GGR expected to rise 5.3% in 2026: Jefferies
A slow start to 2025 bodes well for Macau’s gross gaming revenue to see strong yearly upticks until May. But the good news doesn’t stop there, with analysts at Jefferies pinpointing GGR growth of 5.3 percent for FY26. Both VIP and mass play are expected to improve, with Macau’s largest operators Galaxy and Sands China taking ever-larger pieces of the pie. But premium-focused MGM China is beefing up its offerings to maintain third place, as other operators fight for market share.
Industry Updates
- Aristocrat Gaming secures multiple industry awards at ICE 2026.
- JILI marks a six‑year milestone in high‑performance gaming.
- Buenas PH partners with top creators to tackle scam iGaming sites.
INTELLIGENCE | ASEAN | CAREERS | EVENTS
