Macau GGR Showing Strength in Early January 2026 With Robust Projections

Macau’s casino gross gaming revenue (GGR) has kicked off 2026 on a hopeful note despite a weaker close to 2025, with early January figures indicating that daily takings could be quite strong, possibly exceeding MOP 850 million per day during the January 1–4 holiday period, according to Seaport Research Partners. This promising start contrasts with the subdued performance seen in December 2025, when low VIP hold dented expectations and revenues came in below consensus.

Seaport’s early estimate for January suggests a 19 % year-on-year growth in total GGR, backed by an easy comparison to January 2025 and a modest 4 % month-on-month increase. Analysts forecast that this strong opening could set the stage for a solid first quarter, with projected GGR growth of over 14 % in 1Q 2026, and full-year growth supported by resumed visa issuance and improved money flows. 

Industry sentiment is reinforced by the expectation of broader market gains through 2026, with major operators such as Sands China and Galaxy Entertainment Group likely to capture more market share as Macau seeks to build on its recovery. Continued strength in the mass market and potential increases in overnight visitors remain key factors that could further boost revenue performance. 

These early-year projections come amid a backdrop of ongoing recovery in Macau’s gaming and tourism sectors, following 2025’s rebound that saw monthly GGR figures regularly surpass MOP 20 billion and tax revenues rise. The government has also forecast full-year GGR for 2026 at around MOP 236 billion, reflecting optimism in sustained growth despite economic uncertainties.