Macau’s gambling industry saw a significant boost in February 2025, with gross gaming revenue (GGR) reaching MOP19.74 billion (USD 2.46 billion), exceeding analyst expectations and setting a positive tone for the year. Chinese New Year Drives Growth The 6.8% year-on-year increase can largely be attributed to the Chinese New Year Golden Week holiday, which ran […]
Macau
Macau’s December Gaming Revenue Dip and the Online Gambling Connection
Macau’s gaming sector has unveiled its 2024 revenue figures, offering a mix of impressive annual growth and an unexpected dip in December. This marks the first decline in gross gaming revenue (GGR) in two years, setting the stage for reflection on the industry’s progress and its implications for the online gambling market. December’s Decline: A […]
Macau Enacts Stricter Laws to Combat Illegal Gambling Amid Regulatory Shift
Macau has enacted the “Law to Combat Crimes of Illegal Gambling,” which introduces significant changes to tackle unlicensed gambling and associated practices in its gaming sector. Effective October 29, the new law strengthens the city’s measures against illicit gambling activities and aligns Macau more closely with China’s broader regulatory objectives. Tougher Penalties for Gambling Violations […]
Surge in Macau High Roller Spending in 2024: Citigroup Insights
According to Citigroup’s latest report, Macau’s high roller segment, particularly within the premium mass gaming category, has experienced a sharp rise in 2024. Known as “whales,” these affluent gamblers have significantly increased their spending, outpacing previous records set in 2023. Citigroup’s monthly survey reveals that both the number of whales and the total wagers placed […]
Macau’s Gaming Landscape Shifts: Emerging Trends in Q2 2024
The second quarter of 2024 has ushered in a transformative period for Macau’s casino industry, marked by unexpected shifts in market dynamics and the emergence of new competitive forces. While Sands China Ltd has maintained a strong presence, the landscape is evolving rapidly, with innovative strategies from both established players and newcomers reshaping the market. […]
China Expands Individual Visit Scheme to Boost Macau’s Economy
Eight New Cities Added to IVS Program In a move that is expected to boost Macau’s economy, the State Council of the People’s Republic of China announced on Saturday that eight additional cities will be included in the Individual Visit Scheme (IVS) program. Starting from May 27, residents from Taiyuan, Hohhot, Harbin, Lhasa, Lanzhou, Xining, […]
Macau Poker Players Can Now Visit New Poker Zone At Grand Lisboa Palace Cotai
Macau casino operator SJM Holdings Ltd has launched a Texas Hold’em poker zone at its Grand Lisboa Palace property on the Cotai strip. The new poker area has been operational since August 15, with six gaming tables and a lounge. Poker Zone Open to Both Carded Players and General Visitors The newly-opened poker zone is […]