Citi maintains its forecast for a 10% year-over-year decline in Macau’s June gaming revenue, as the World Cup diverted a portion of betting budgets.

Citi published a research report noting that industry data indicates Macau's gross gaming revenue (GGR) for the first seven days of June may have reached approximately MOP 4.9 billion, implying an average daily run rate of around MOP 700 million—about 4% lower than in May, potentially due to China’s national college entrance examination (Gaokao) taking place in early June. Looking ahead, the bank believes Macau’s GGR could face headwinds, as the summer FIFA World Cup may divert a portion of players’ betting budgets away from Macau. Additionally, the high base effect from last year—when Jacky Cheung held concerts in Macau during the same period—will make year-over-year comparisons more challenging. The bank maintains its June GGR forecast at MOP 19 billion, representing a 10% year-over-year decline, implying an average daily run rate for the remainder of the month of

AASTOCKSJun 9 11:07

Wynn Macau (01128) issued 1.63 million shares under its share plan.

Wynn Macau (01128) announced that on June 8, 2026, the company will issue 1.63 million new shares in connection with share awards or options granted to participants (excluding directors of the issuer) under its share plan.

Zhitong FinanceJun 8 17:32

Hong Kong Market Movers | Gaming stocks decline collectively; JPMorgan notes World Cup will temporarily divert spending, potentially weighing on gaming revenue data over the next two months

Casino stocks declined collectively. As of the time of writing, MGM China (02282) fell 5.17% to HK$10.83; SJM Holdings (00880) dropped 4.28% to HK$1.79; Sands China (01928) decreased 3.55% to HK$14.67; and Wynn Macau (01128) slid 3.47% to HK$5.57.

Zhitong FinanceJun 8 11:56

CLSA Downgrades Macau Gaming Stocks’ Target Prices, Citing Sector Entering a Slow Lane and Facing Pressure on Free Cash Flow

Lyon published a research report stating that Macau’s gaming industry is entering a slower growth phase, with overall gaming revenue growth expected to moderate year-over-year due to a high base effect and lack of incremental drivers. The sector is currently in its seasonal low period in the second quarter, and the upcoming FIFA World Cup—scheduled to run for 39 days from June 11 to July 19—is likely to divert some tourists, potentially leading to a sequential decline in the industry’s EBITDA for the quarter. The firm slightly lowered its forecast for Macau’s total gaming revenue growth in 2026 by one percentage point to 4% year-over-year, reaching MOP 257.3 billion, and broadly reduced target prices for multiple Hong Kong-listed stocks in the sector. The report noted that industry competition is

AASTOCKSJun 8 11:46

Man Kei Wa expects tourist arrivals in Macao to increase by approximately 10% this year.

Macao Government Tourism Office Director Maria Helena de Senna Fernandes stated that, in accordance with traditional patterns, July marks the start of the summer holiday season, and the tourism market is expected to remain robust. Data show that visitor arrivals in Macao increased by an average of approximately 13% in the first four months of this year, and overall annual growth is projected to be around 10%. However, due to forecasts of consecutive heavy rain and unstable weather conditions in recent weeks, same-day short-haul visitor numbers may be particularly affected. At present, weather conditions appear to be the only factor influencing tourist volumes.

AASTOCKSJun 8 09:29

Wynn Macau Cuts Convertible Bond Conversion Price After Dividend Approval

TipRanksJun 5 19:38