{"id":19757,"date":"2026-11-04T08:30:00","date_gmt":"2026-11-04T13:30:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=asia&#038;p=19757"},"modified":"2026-11-03T20:04:16","modified_gmt":"2026-11-04T01:04:16","slug":"macau-casino-revenue-falls-10-despite-tourism-boom","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/macau-casino-revenue-falls-10-despite-tourism-boom\/","title":{"rendered":"Macau casino revenue falls 10% despite tourism boom"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Macau, November 3, 2026.<\/strong> Macau\u2019s casinos recorded <strong>gross gaming revenue (GGR) of MOP 21.68 billion (US$2.68 billion)<\/strong> in October, a 10% year-over-year decline, while Seaport Research Partners forecasts just <strong>0.9% growth for the full year 2026<\/strong>, despite rising tourism and gross domestic product (GDP).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mundovideo.com.co\/en\/asia\/macau-casino-ebitda-forecasts-to-fall-10-6\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>&#8211; Macau casino EBITDA forecasts to fall 10.6%<\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The Gaming Inspection and Coordination Bureau (DICJ) released the figures on <strong>November 1<\/strong>, marking the fifth consecutive month of year-over-year declines since June, although October revenue increased 20% compared with September. <strong>Vitaly Umansky<\/strong>, senior analyst at Seaport, forecasts a 6.1% decline in November, a 5.2% contraction in the fourth quarter, and a 3% recovery in 2027. The government budgeted MOP 236 billion in GGR for 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mundovideo.com.co\/en\/asia\/macau-cuts-its-bet-as-2026-ggr-outlook-weakens\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>&#8211; Macau cuts its bet as 2026 GGR outlook weakens<\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"978\" height=\"436\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-32.png\" alt=\"\" class=\"wp-image-19759\" style=\"aspect-ratio:2.2395437262357416\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-32.png 978w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-32-300x134.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-32-767x342.png 767w\" sizes=\"auto, (max-width: 978px) 100vw, 978px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">According to Seaport, the <strong>VIP segment declined by more than 35% year-over-year<\/strong> in October, while mass-market gaming recorded a slight decrease. Umansky attributes the weakness to China\u2019s economic conditions, stock market declines, tighter tax scrutiny of offshore wealth holdings, and postponed trips by high-stakes gamblers. <strong>Melco Resorts<\/strong> gained market share compared with the third quarter, while <strong>Galaxy Entertainment<\/strong> lost ground.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"835\" height=\"470\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-36.png\" alt=\"\" class=\"wp-image-19763\" style=\"aspect-ratio:1.7740963855421688;width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-36.png 835w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-36-300x169.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-36-767x432.png 767w\" sizes=\"auto, (max-width: 835px) 100vw, 835px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"982\" height=\"463\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-33.png\" alt=\"\" class=\"wp-image-19761\" style=\"aspect-ratio:2.118705035971223\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-33.png 982w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-33-300x141.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-33-768x362.png 768w\" sizes=\"auto, (max-width: 982px) 100vw, 982px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>David Bain<\/strong>, of Texas Capital Securities, warned that promotional spending is pushing industry EBITDA margins toward 25%, compared with pre-pandemic levels of approximately 30%\u201335%.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"564\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-21-1024x564.jpeg\" alt=\"\" class=\"wp-image-19766\" style=\"aspect-ratio:1.8123076923076924\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-21-1024x564.jpeg 1024w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-21-300x165.jpeg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-21-768x423.jpeg 768w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-21.jpeg 1350w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"681\" height=\"457\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-35.png\" alt=\"\" class=\"wp-image-19762\" style=\"aspect-ratio:1.491139240506329;width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-35.png 681w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-35-300x201.png 300w\" sizes=\"auto, (max-width: 681px) 100vw, 681px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In contrast, the <strong>Statistics and Census Service (DSEC)<\/strong> reported on October 30 that GDP grew 2.9% between January and September, reaching <strong>MOP 316.13 billion<\/strong>. Third-quarter growth was just 0.1%, with gaming service exports falling 4.8%, other tourism services increasing 6.6%, and fixed investment rising 17.2%. Visitor arrivals reached <strong>32,181,272 (+8.5%)<\/strong>, including 23.88 million from mainland China; 19.78 million were same-day visitors. Tourism director <strong>Maria Helena de Senna Fernandes<\/strong> expects annual arrivals to exceed 41 million.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"970\" height=\"542\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-34.png\" alt=\"\" class=\"wp-image-19760\" style=\"aspect-ratio:1.790273556231003\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-34.png 970w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-34-300x168.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-34-768x429.png 768w\" sizes=\"auto, (max-width: 970px) 100vw, 970px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/mve-ads\/?lang=en\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"500\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg\" alt=\"\" class=\"wp-image-16352\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg 600w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE-300x250.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In Hengqin, Macau-related investment increased 215.3% to MOP 540 million during the third quarter. Under Chief Executive <strong>Sam Hou Fai<\/strong>, with <strong>Ng Wai Han<\/strong> heading Economy and Finance and <strong>Lio Chi Chong<\/strong> serving as acting DICJ director, the six concessionaires (Sands China, Galaxy, SJM, Melco, Wynn Macau, and MGM China) maintain multiyear investment commitments totaling <strong>MOP 118.8 billion through 2032<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau, November 3, 2026. Macau\u2019s casinos recorded gross gaming revenue (GGR) of MOP 21.68 billion (US$2.68 billion) in October, a 10% year-over-year decline, while Seaport Research Partners forecasts just 0.9% growth for the full year 2026, despite rising tourism and gross domestic product (GDP).<\/p>\n","protected":false},"author":1,"featured_media":19758,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[2323,57,1192,15,1438,254,105,2450],"class_list":["post-19757","asia","type-asia","status-publish","format-standard","has-post-thumbnail","category-sin-categoria","tag-asia","tag-casinos","tag-china","tag-gambling","tag-macau","tag-slot-machines","tag-sports-betting","tag-tourism","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Macau casino revenue falls 10% despite tourism boom - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"description\" content=\"Macau, November 3, 2026. Macau\u2019s casinos recorded gross gaming revenue (GGR) of MOP 21.68 billion (US$2.68 billion) in October, a 10% year-over-year decline, while Seaport Research Partners forecasts just 0.9% growth for the full year 2026, despite rising tourism and gross domestic product (GDP).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/asia\/macau-casino-revenue-falls-10-despite-tourism-boom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macau casino revenue falls 10% despite tourism boom - Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:description\" content=\"Macau, November 3, 2026. Macau\u2019s casinos recorded gross gaming revenue (GGR) of MOP 21.68 billion (US$2.68 billion) in October, a 10% year-over-year decline, while Seaport Research Partners forecasts just 0.9% growth for the full year 2026, despite rising tourism and gross domestic product (GDP).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mundovideo.com.co\/en\/asia\/macau-casino-revenue-falls-10-despite-tourism-boom\/\" \/>\n<meta property=\"og:site_name\" content=\"Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-18.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"906\" \/>\n\t<meta property=\"og:image:height\" content=\"509\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/macau-casino-revenue-falls-10-despite-tourism-boom\/\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/macau-casino-revenue-falls-10-despite-tourism-boom\/\",\"name\":\"Macau casino revenue falls 10% despite tourism boom - Mundo Video Entertainment | Casino News in Latin America and the World\",\"isPartOf\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/macau-casino-revenue-falls-10-despite-tourism-boom\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/macau-casino-revenue-falls-10-despite-tourism-boom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-18.jpeg\",\"datePublished\":\"2026-11-04T13:30:00+00:00\",\"description\":\"Macau, November 3, 2026. 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