Retendering21-22

 jan26 However, looking to 2H26, the analysts note ‘a more difficult path for GGR per visitor to grow’, particularly given that arrivals ‘from the more affluent regions of China have already mostly recovered back or surpassed pre-COVID levels’. This causes the analysts to opine that ‘further visitation recovery is likely to come largely from the less affluent regions with less spending power’. This could then offset upsides from higher-spending VIPs. Overall, for 2025 GGR per visitor was down by 5 percent, to MOP6,174 ($770.5), despite Macau recording its highest-ever tourism influx – nearly 40.07 million tourists, a yearly increase of 13.7 percent. VIP GGR growth was 24 percent yearly, with the segment making up 27 percent of total FY25 GGR, note the analysts. Mass GGR also increased during the year, but only by 4 percent yearly. The VIP growth was particularly accelerated in the final quarter of the year, rising by 45 percent to MOP20.3 billion ($2.53 billion). The analysts note ...

 (desde 26/1/26) Macau’s international visitors reached 2.76 million in 2025 – up 13.7% year-on-year https://asgam.com/2026/01/25/macaus-international-visitors-reached-2-76-million-in-2025-up-13-7-year-on-year/

jan26 Macau recebeu mais de 40 milhões de visitantes em 2025, um novo máximo histórico, ultrapassando o anterior recorde de 39,4 milhões, fixado em 2019, antes da pandemia de covid-19, foi hoje anunciado O número de visitantes que passou pelo território no ano passado foi o mais elevado desde que a Direção dos Serviços de Estatísticas e Censos ( DSEC ) começou a compilar dados mensais, em 1998, ainda durante a administração portuguesa. Macau acolheu no total quase 40,1 milhões de visitantes, mais 14,7% do que em 2024 e acima da meta de 39 milhões, fixada em 16 de dezembro pela diretora dos Serviços de Turismo de Macau, Maria Helena de Senna Fernandes. No entanto, quase 59% dos visitantes (23,5 milhões) chegaram em excursões organizadas e passaram menos de um dia em Macau no ano passado. Em 2024, o Governo Central divulgou uma série de medidas de apoio ao território, como o aumento do limite de isenção fiscal de bens para uso pessoal adquiridos por visitantes da China. Ao mesmo tempo, ...

 jan26 Macau Legend raises US$11.1 million despite poor take-up of rights issue   by   Ben Blaschke     Fri 23 Jan 2026 at 00:55 Troubled Macau Legend Development Ltd said Thursday it had successfully raised HK$86.4 million (US$11.1 million) after expenses via a rights issue, despite less than half of the shareholder rights on offer being subscribed for by shareholders. In a filing, the company revealed that the 1-for-2 rights issue, under which it offered 310.1 million new shares, saw around 153.4 million shares subscribed for, representing 49.5% of the total offer. This included 98.9 million shares taken up through normal entitlements and 54.5 million shares through excess applications. While around 156.6 million shares representing 50.5% of the offer were left unsubscribed, co-underwriters East Asia Securities and Platinum Broking took up the remaining shares as per the underwriting agreement, leaving them with 16.8% of the company’s enlarged share capital. M...

jan26 Unprecedented challenges are emerging, driving operational and insurance costs higher at a difficult time for global markets and the world economy, the analyst says ‘Separating economic and security concerns is now close to impossible,’ Vickers adds, warning companies to be mindful of the implications https://macaonews.org/news/business/steve-vickers-security-analysis-macau-britcham/ Gaming growth faces geopolitical, regional risks in 2026, says political analyst https://macaudailytimes.com.mo/gaming-growth-faces-geopolitical-regional-risks-in-2026-says-political-analyst.html

 jan26 Ao abrigo da norma que concede uma redução de contribuições provenientes das receitas brutas do jogo das concessionárias que conseguirem expandir o mercado de clientes de países estrangeiros, o Governo isentou as operadoras de jogo de pagarem 150 milhões de dólares de Hong Kong em 2024. A informação foi dada ontem pelo Governo aos deputados da Segunda Comissão Permanente da Assembleia Legislativa (AL). Em 2024, as concessionárias de jogo obtiveram uma isenção do pagamento de contribuições no valor de 150 milhões de dólares de Hong Kong, ao abrigo do regulamento que beneficia as concessionárias de jogo que conseguirem expandir o mercado de clientes de países estrangeiros. A informação foi partilhada ontem pelo Governo aos deputados que compõem a Segunda Comissão Permanente da Assembleia Legislativa (AL). Este regulamento entrou em vigor precisamente em 2024. Os deputados Ip Sio Kai e Lam Lon Wai fizeram o resumo da reunião da comissão com o Governo, que contou com a presença ...

jan26 Macau’s premium mass segment delivered a ‘positively surprising’ performance in January, with average wagers per player rising 41 percent year-on-year to levels comparable with the 2025  Golden Week period , according to a proprietary table survey by Citigroup. https://agbrief.com/news/macau/19/01/2026/macau-premium-mass-spend-hits-golden-week-like-levels-in-january-citigroup/?utm_source=Asia+Gaming+Brief&utm_campaign=09394c1793-AGB%3A+%2302309+Tuesday%2C+20th+January%2C+2026&utm_medium=email&utm_term=0_51950b5d21-09394c1793-%5BLIST_EMAIL_ID%5D&ct=t%28AGB%3A+%2302309+Tuesday%2C+20th+January%2C+2026%29&goal=0_51950b5d21-09394c1793-%5BLIST_EMAIL_ID%5D&mc_cid=09394c1793&mc_eid=31e20475e6  jan26 VIP gaming made up just over one‑quarter of gaming revenue in 2025 By  Nelson Moura VIP baccarat accounted for 27.5 per cent of Macau’s total games‑of‑fortune revenue in 2025, according to full‑year data released by the Gaming Inspection and Coordinat...

 jan26 Macau’s gaming industry has undergone a profound structural shift under the new gaming concession framework, with data showing that commissions, incentives, and rebates paid by concessionaires in 2023 and 2024 fell far more sharply than gross gaming revenue ( GGR ), amid a continued decline in the role of gaming junkets and changes in casino operating models. According to a peer-reviewed study published in Global Gaming & Tourism Research, an academic journal of the  Center for Gaming and Tourism Studies  at Macao Polytechnic University, total industry-wide spending on commissions, incentives, discounts, and rebates amounted to MOP39.507 billion ($4.94 billion) in 2024 and MOP31.762 billion ($3.97 billion) in 2023. These figures represent declines of between 37 percent and 49 percent compared with MOP62.608 billion ($7.83 billion) recorded in 2019. By contrast, industry GGR over the same periods fell by a smaller margin of between 22 percent and 37 percent, ind...