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Sunday, November 1, 2026
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Macau casino revenue slumps 10% in October against a tough comparable

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Clark Schultz

Macau cityscape skyline with hotel and casino skyscraper building at night.

Macau gross gaming revenue fell 10.0% year over year in October to 21.7B patacas ($2.68B), according to data from the Gaming Inspection and Coordination Bureau. The Macau casino sector has now seen five straight months of declining GGR and two months in a row of a double-digit decline. The gaming revenue tally for October was up 20% from the level seen in September and ran into a tough comparison of +16% growth for October 2025.

Following a brief period of pent-up demand after the World Cup ended, Macau has seen broad industry softness across both the VIP and mass market segments. Tighter regulatory scrutiny is also considered a factor in the GGR downturn. While the Golden Week holiday provided an early-month boost in October, the sluggish trend continued for the last 20 days.

For the first ten months of 2026, Macau GGR is up 1.6% year over year to 208.8B patacas.

Macau casino stocks: Wynn Macau (WYNMF) (WYNMY), Wynn Resorts (WYNN), Sands China (SCHYY) (SCHYF), Las Vegas Sands (LVS), MGM China (MCHVF) (MCHVY), MGM Resorts (MGM), Galaxy Entertainment (GXYEF), SJM Holdings (SJMHF) (SJMHY), Melco Resorts & Entertainment (MLCO), and Studio City International (MSC).

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