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.
MGM China captured 16.4% of Macau's gaming market in Q2 2026, up from 15.4% in Q1. Macau gaming revenue rebounded to near-Q1 levels by late July after a temporary World Cup dip.
Winning Asia CEO Alice Tang says a proposed Canadian reverse takeover can boost the gaming technology supplier's access to capital and international reach.