Tag: Macau
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Macau Casino Market Competitive Post World Cup 2026
Macau's casino market is recovering from World Cup-driven GGR declines but remains highly competitive, says Seaport Research after meetings with MGM and Wynn management. Wynn Macau Q2 operating income rose 26.9% while MGM China revenue held flat.
Macau Gaming Tax Revenue Rises 9.3% to $7.22B Through July
Macau collected $7.22 billion in gaming tax revenue through July 2026, up 9.3% YoY, but July GGR fell 8.4% year-on-year despite a sequential rebound.
Cotai Concerts Surge 13.6% as Galaxy, Sands Pack Summer
Galaxy and Sands scheduled 67 Cotai show sessions in July-August, up 13.6% YoY. Sands China's smaller venues nearly doubled as the concert economy drives post-World Cup recovery.
Macau Non-Gaming Spending Rises 5.6% in Q2 2026
Macau non-gaming spending per visitor rose 5.6% to MOP2,059 in Q2 2026, extending Q1's recovery. MICE delegates spent MOP4,630 — more than double the average.
MGM China Dividend: HK$950M Payout on Record H1 Revenue
MGM China will pay HK$950M ($122M) in interim dividends for H1 2026, equal to 50% of profit, despite record revenue of HK$17.4B and slipping EBITDA.
