The investment bank now predicts that Macao’s gross gaming revenue will surge by 15 percent year-on-year in the second half of 2025
Business
Average monthly earnings for full-time gaming employees were sitting at 27,390 patacas at the end of the second quarter, with non-residents earning more than locals
This was the third year running that Macao has won the title, considered a top accolade in the MICE industry
The three-month long campaign will run until November and is intended to help local businesses weather the off-peak tourism season
More than 3.4 million people visited Macao in July, bringing the year-to-date total close to 22.7 million, with the majority being same-day visitors
In the second quarter of 2025, retail sales fell 1.4 percent year-on-year – a far smaller drop than the 15 percent plunge in the first quarter
Investment analysts expect Macao’s gaming momentum to carry over into August, with CLSA forecasting monthly GGR at 21.8 billion patacas
In a recent report, the Macau General Association of Real Estate observed that April’s property liberalisation measures have failed to revive the flagging real estate market
Macao’s gross domestic product (GDP) came in at 100.39 billion patacas in the second quarter of 2025, a figure the government attributes to surging visitor numbers