South Korea’s only casino where locals are legally allowed to gamble, Kangwon Land, has delivered a mixed set of results for 1Q26 — strong revenue growth paired with a sharp decline in profitability.
This contradiction is becoming a defining theme across the global gaming industry.
MGM China is doubling down on a clear message to the market: growth in Macau is no longer about scale — it’s about precision.
The company has outlined its belief that quality, not quantity, is the key to sustaining and expanding market share, alongside plans to renovate around 100 suites at MGM Macau. This move is designed to align its peninsula property with the elevated product standards already seen at MGM Cotai.
MGM China Holdings Ltd continued its growth trajectory in 1Q26, with total revenue rising 9.7% YoY to HK$8.77 billion (US$1.12 billion) and Adjusted EBITDA increasing 3.8% to HK$2.46 billion (US$314 million)—a solid performance driven largely by premium mass demand.
This came as part of broader results from parent MGM Resorts International, which reported record Q1 consolidated net revenues of US$4.5 billion, supported by contributions from both MGM China and its digital arm.
But the real story lies beneath the surface.
In Macau’s evolving post-gaming landscape, the real battleground is no longer confined to integrated resorts—it’s extending into the city itself.
Sands China Ltd has relaunched its Rua das Estalagens District Revitalization Programme, doubling down on its role in transforming one of Macau’s oldest commercial streets into a vibrant, experience-driven destination.
This isn’t CSR.
It’s structured ecosystem investment backed by regulatory mandate and smart capital deployment.
Macau’s transformation into a culture-driven tourism destination continues to accelerate—and SJM Resorts is leaning in with intent.
At a special launch event, SJM announced it will co-present the Vivienne Westwood & Jewellery Exhibition alongside the Vivienne Westwood team from 29 April to 15 July at Grand Lisboa Palace—bringing one of fashion’s most iconic creative legacies directly into Macau’s integrated resort ecosystem.
Author: Janice Chew • Monday, 04/05/2026
