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Some Macau operators could face long-term headwinds because their properties were built to cater for a base mass gaming customer that has failed to return in significant numbers

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 out26 Some Macau operators could face long-term headwinds because their properties were built to cater for a base mass gaming customer that has failed to return in significant numbers, according to commentary from Truist Securities. While industry analysts have broadly expressed their lack of excitement around the current state of the Macau gaming market ahead of 3Q26 earnings season – which kicks off on Thursday local time – Truist’s Barry Jonas and Jeremy Jacoby hinted that the slowdown could present a longer-term problem for some, stating, “More broadly we think Macau faces some product-related issues as certain properties were built to cater to base mass gaming.” The analysts did not single out any specific properties or operators they were referencing although they did state that neither MGM China nor Wynn Macau face any such long-term structural risks because both have an established premium mass positioning. In the short-term, Jonas and Jacoby noted that there remains limit...
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sem planos para a revisão em baixa da previsão das receitas do jogo

 out26 Apesar de as receitas do jogo em Macau terem registado uma queda homóloga durante os últimos quatro meses consecutivos, o Governo não prevê, por enquanto, qualquer ajuste nas previsões relativas ao orçamento. O Chefe do Executivo, Sam Hou Fai, promete avaliar a evolução da indústria do jogo e admite que a eventual recessão do sector irá afectar directamente as finanças, colocando pressão sobre as despesas públicas essenciais.   O Governo está a acompanhar a evolução do sector do jogo e não pondera, para já, rever em baixa a previsão das receitas brutas anuais do jogo. Foi o que avançou o Chefe do Executivo, Sam Hou Fai, apesar de as receitas do jogo terem ficado aquém das expectativas nos últimos meses, registando uma queda homóloga pelo quarto mês consecutivo. Entre Janeiro e Setembro deste ano, as receitas do jogo de fortuna ou azar em Macau situaram-se em cerca de 187,1 mil milhões de patacas, faltando cerca de 50 mil milhões para alcançar o montante orçamentado do G...
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China ajuda Macau, Singapura (e outros)? (II pós set26)

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sinais contraditórios

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OU26 Weaker Chinese consumer confidence weighs on Macau outlook – Deutsche Bank By Newsdesk Deutsche Bank cuts earnings and revenue forecasts for major Macau gaming operators, citing softer mainland demand and subdued consumer confidence Gross gaming revenue expected to fall 6 to 10 per cent year-on-year in October, with a 4 per cent decline projected for the fourth quarter https://macaubusiness.com/weaker-chinese-consumer-confidence-weighs-on-macau-outlook-deutsche-bank/ ou26 Macau 3Q GGR decline driven by 7.9% drop in mass baccarat, DICJ figures show https://asgam.com/2026/10/18/macau-3q-ggr-decline-driven-by-7-9-drop-in-mass-baccarat-dicj-figures-show/ ou26 More Macau visitors not bringing extra GGR, as 3Q casino EBITDA likely down 11pct y-o-y: CLSA  https://www.ggrasia.com/more-macau-visitors-not-bringing-extra-ggr-as-3q-casino-ebitda-likely-down-11pct-y-o-y-clsa?utm_source=rss&utm_medium=rss&utm_campaign=more-macau-visitors-not-bringing-extra-ggr-as-3q-casino-ebitda-li...
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Singapore to prescribe electronic credits as casino chips under new regulatory regime

 set26 Singapore is to enact new casino regulations to prescribe electronic credits as casino chips. Additionally, “new wagering instruments may also be prescribed in future,” should the city-state’s Gambling Regulatory Authority (GRA) “assess them to be suitable”. That is according to a Monday update from the Ministry of Home Affairs, outlining a  second tranche of measures under the country’s Casino Control (Amendment) Act 2024 that took effect that day. The Casino Control (Amendment) Act 2024 had received a second reading in Singapore’s parliament in September 2024. Monday’s statement said: “New Casino Control (Prescribed Casino Chips) Regulations 2026 will be enacted to prescribe electronic credits as casino chips. “New wagering instruments may also be prescribed in future, should GRA assess them to be suitable.” The statement said the intent of the changes was “to future-proof the regime” to allow for new modes of payment, “such as cashless gaming”. “An example is where ...
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“emerging market for slots” ?

set26 Macau is going to be an “emerging market for slots” as growth in high-end table play moderates and demand in the latter segment matures, suggests United States gaming technology entrepreneur John Acres, in comments to GGRAsia. To build on and support that potential, Macau can benefit from a next-generation slot video screen manager offering “real-time customer engagement,” Mr Acres (pictured) stated. He is founder of Las Vegas, Nevada-based Acres Manufacturing Co. The business, started in 2007, was recently gazetted as a gaming machine manufacturer approved by the Gaming Inspection and Coordination Bureau (DICJ) for the Macau market. For the April to June period, Macau’s slot gross gaming revenue (GGR) was 6.7 percent of all casino revenue, up from 5.6 percent a year earlier, according to gaming bureau market-segment data issued recently . That was notwithstanding the 12,000-unit cap on the number of electronic gaming machines (EGMs) permitted in Macau. A key Acres Manufacturing ...
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Macau casino promotional spend to remain elevated (borlas)

set26 Em 2025, as oito empresas do sector do jogo gastaram mais 8% do que as despesas registadas no ano anterior, sendo que os gastos se cifraram nos 101 mil milhões de patacas. As despesas relacionadas com bens e serviços oferecidos a clientes corresponderam a mais de 27 mil milhões e a uma subida anual de 7%   PEDRO MILHEIRÃO As despesas do sector do jogo cresceram 7,5%, em 2025 e face ao ano anterior, cifrando-se em 101,4 mil milhões de patacas, de acordo com dados da Direcção dos Serviços de Estatística e Censos (DSEC). As despesas de exploração ascenderam 7,7% para 43,7 mil milhões. Apesar de terem recuado 0,4 pontos percentuais para 62,6%, em termos proporcionais, os gastos com os bens e serviços fornecidos gratuitamente a clientes subiram 7% para 27,36 mil milhões de patacas. Na prospecção de mercado, publicidade e ‘marketing’, as empresas investiram 2,5 mil milhões de patacas, no ano transacto, 3,3% abaixo dos gastos assinalados em 2024. Na área da informática, as despesas ...
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