Morgan Stanley analysts are pencilling in 17 percent GGR growth for the fourth quarter of 2025, generating a 15 percent EBITDA increase for the three-month period
Business
The three-day ‘Let’s Hang Out’ bazaar is showcasing more than 200 products from Lusophone countries and Macao and has 9,000 prizes up for grabs this weekend
The Hongkonger runs two Chinese-focused firms – ChoZan, a research and digital transformation consultancy, and Alarice, a digital marketing agency
The Landmark Casino is scheduled to shut down for good on 30 December, signalling the end of Macao’s satellite casino sector
New figures show sequential revenue growth at Galaxy Entertainment and Sands China malls – bringing hope after six consecutive quarters of retail decline in the city
The rating agency affirmed the city’s long-term issuer default rating at AA with a stable outlook despite lowering the 2025 forecast and predicting a further slowdown in 2026
Local taxi drivers fear that adding 800 more cabs to the existing fleet will intensify competition, making it even more difficult for them to find fares in off-peak times
Finance secretary Anton Tai Kin Ip has affirmed the government’s commitment to leveraging the financial sector as a key engine for Macao’s economic diversification
The investment bank forecasts 6 percent gross gaming revenue growth and 7 percent earnings growth, with a front-loaded 2026 for the local casino sector