Strong Q1 Puts Macau Casinos on Track to Beat 2025 GGR
Highlights
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CBRE Equity Research states that Macau casinos’ Q1 revenue surge keeps it on pace to surpass 2025.
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Officials believe that even if the current trend continues, the 2019 GGR benchmark would not be breached.
The Gaming Inspection and Coordination Bureau (DICJ) has published a report on Macau casinos, highlighting a 15% year-on-year rise in March, with gross gaming revenue of MOP 22.62 billion ($2.8 billion). This is also a 9.8% increase from February.
From January to March, the gaming sector generated GGR of MOP 65.87 billion, up 14.3% from Q1 2025. The quarterly total 13.5% lower than in 2019.
CBRE Equity Research stated that with the current trajectory, the region could experience an annual growth rate of 8.3%.
On Monday, both CBRE analysts, John DeCree and Max Marsh, credited this move to robust tourism and Macau’s dedicated efforts to develop the base mass market.
Beijing announced an annual GDP growth target of 4.5% to 5% in March. Public policy analyst Zhu Fangfei described this as a smooth transition “from high-speed growth to … high-quality development.” Furthermore, analysts also quoted that “the Chinese consumer continues to benefit from targeted stimulus”.
Even though 2026 is set to be a great year for Macau, experts believe the gambling industry is on track to generate MOP236 billion. But no one seems to have high hopes that it will surpass the 2019 revenue of MOP 292.45 billion.
For the full news story, Read Here!
From January to March, the gaming sector generated GGR of MOP 65.87 billion, up 14.3% from Q1 2025. The quarterly total 13.5% lower than in 2019.
CBRE Equity Research stated that with the current trajectory, the region could experience an annual growth rate of 8.3%.
On Monday, both CBRE analysts, John DeCree and Max Marsh, credited this move to robust tourism and Macau’s dedicated efforts to develop the base mass market.
Beijing announced an annual GDP growth target of 4.5% to 5% in March. Public policy analyst Zhu Fangfei described this as a smooth transition “from high-speed growth to … high-quality development.” Furthermore, analysts also quoted that “the Chinese consumer continues to benefit from targeted stimulus”.
Even though 2026 is set to be a great year for Macau, experts believe the gambling industry is on track to generate MOP236 billion. But no one seems to have high hopes that it will surpass the 2019 revenue of MOP 292.45 billion.
For the full news story, Read Here!
