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Wednesday, November 11, 2026
Macau Asia

CLSA forecasts 1.3% Macau GGR growth amid post-World Cup recovery

CLSA forecasts Macau’s August GGR to rise 1.3 percent year-on-year to $2.78 billion, supported by a post-World Cup recovery.

Viviana Chan Viviana ChanAugust 3, 2026 · 1 min read
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Macau gaming, satellite casinos

Macau’s gross gaming revenue (GGR) is forecast to rise by 1.3 percent year-on-year in August, with demand expected to recover following the end of the FIFA World Cup, according to CLSA.

The brokerage expects GGR to reach MOP22.4 billion ($2.78 billion), representing an increase of about 10.6 percent from July. Average daily GGR is projected at MOP724 million ($90 million), with the monthly forecast in line with the market consensus median.

CLSA analysts Jeffrey Kiang and Evan Wan said MGM China’s recent results indicated that pent-up demand remained solid heading into August.

The brokerage described the World Cup’s impact as a temporary diversion, noting that gaming activity improved during the latter part of July. The tournament ended on 19th July.

CLSA estimated that GGR between 20th and 31st July reached MOP8.18 billion ($1.02 billion), equivalent to MOP682 million ($85 million) per day. This compared with July’s overall daily average of approximately MOP653 million ($81 million).

Macau’s July GGR fell by 8.4 percent year-on-year to MOP20.26 billion ($2.51 billion), although the result was 3.6 percent above CLSA’s forecast. It was 2 percent below market consensus.

Macau GGR slips 8.4% YoY in July but posts solid recovery from June

For the first seven months of 2026, GGR rose by 4 percent year-on-year to MOP147.16 billion ($18.27 billion), reaching 85 percent of the corresponding 2019 level.

Galaxy Entertainment remains CLSA’s top pick among Macau gaming operators.

AsiaFIFA World Cupgamblinggaming revenueMacauMacau GGR
Viviana Chan
Written by Viviana Chan Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance. More from Viviana Chan →
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