Daily Asia Gaming eBrief: Macau poised for strong growth in 2025

Thursday 2nd of January 2025

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Good morning. Out with the old and in with the new. While 2024 was a healthy recovery year for gaming worldwide, 2025 could hold even more surprises and growth opportunities. For Macau, this is likely to kick start with a bold January and February period, with the Chinese New Year holiday contributing strongly to GGR. Some $5 billion in gaming revenue is expected from the period, a 6 percent yearly rise, suggests Citigroup. Meanwhile, in South Korea, Mohegan’s INSPIRE saw a healthy fourth fiscal quarter, bringing in some $163 million in net revenue, one of the company’s strongest growth segments.

What you need to know

Macau’s gaming sector is poised for a strong 2025, with Citigroup projecting a 6% YoY increase in early-year GGR.
Mohegan INSPIRE hits $163.3M in net revenue after debut, boosting the company to second-highest fiscal quarter.

On the radar

Macau 2024 GGR totals $29.39 billion, after strong December results.
Macau visitor arrivals reach 35 million in 2024, up 23.6% year-on-year.
“Massive post-POGO tasks” launched after ban came into effect.
SkyCity Adelaide independent review result pushed back to May of 2025.
New Macau visa scheme for neighboring cities kicks off.

AGB Intelligence

Macau gaming sector poised for strong 2025: Citigroup

Macau saw a healthy 2024, with significant growth in gaming revenues, even as the city aims to reshape itself into a more non-gaming oriented destination. But gaming will continue to be the city’s lifeblood, with analysts at Citigroup predicting 2025 should continue to see steady growth for the sector. Estimates are for January and February to see revenue increase by some 6 percent yearly, boosted by the Chinese New Year period.

Industry Updates

Wynn boosts Macau’s international tourism through strategic partnerships.
Revolver Gaming & Regal Technologies partner to boost Social Sweepstakes.

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