Macau is making a powerful comeback—driven by tourism, entertainment, and a VIP surge.
Macau’s casino sector is exceeding expectations, with gaming revenue and visitor numbers steadily climbing since May. Gross gaming revenue reached MOP$21.19 billion in May and MOP$21.06 billion in June, representing double-digit year-on-year growth. Casino shares have surged nearly 60% since April, according to Bloomberg, outperforming analyst projections and reflecting a confident market.
Fueling this resurgence are increased international visitors, enhanced transportation, new luxury accommodations, and non-gaming entertainment—such as headline concerts that drew premium players and boosted average wagers. While VIP play rose 11% year-on-year, mass-market gaming remains dominant, comprising 74% of total GGR.
Despite a drop in per-capita spend, the sector remains on track to meet government revenue targets for 2025.
