In July 2025, the Macau government collected approximately MOP 8.11 billion, which translates to around US$1.01 billion in gaming tax revenue. This amount closely mirrors June's intake of MOP 8.16 billion, underscoring a relatively steady performance month-over-month.
Hann Holdings Inc., the parent company of Clark’s Hann Casino Resort in the Philippines, has decided to postpone its highly anticipated initial public offering (IPO), originally scheduled for September. Citing “poor market conditions” and global volatility that have dampened investor sentiment, Chairman and CEO Dae Sik Han confirmed the deferral, signalling the decision came after consultations with financial advisers and regulators.
On August 25, 2025, GGRAsia reported that Hokkaido Prefecture has launched a comprehensive survey of all 179 of its municipalities regarding the possibility of hosting an integrated resort (IR)—a casino‑resort complex. This marks the first survey of its kind since 2019, when Hokkaido had opted not to participate in Japan’s first wave of IR licensing.
Cambodia’s leading casino operator, NagaCorp (operator of Phnom Penh’s NagaWorld resort), recorded a remarkable performance in the first half of 2025. Net profit soared 68.9% year-on-year to US $148.8 million, while EBITDA (earnings before interest, tax, depreciation, and amortisation) climbed 38.5% to US $200.3 million. This growth reflects a strong rebound across its operations, showcasing NagaCorp's strategic positioning during Cambodia’s tourism recovery.
Macau’s gaming sector is swinging back into gear with remarkable strength. For the first 24 days of August 2025, its gross gaming revenue (GGR) reached approximately MOP 17.65 billion (around US $2.2 billion), averaging about MOP 735 million (US $91.9 million) per day. As reported by JP Morgan, last week’s daily run-rate surged 9% week-over-week to MOP 793 million (US $99.1 million), compared to MOP 710 million earlier in the month—and even eclipsing July’s average of MOP 714 million. This marks the most robust non‑Golden Week performance since the pandemic struck.
Author: Janice Chew • Monday, 25/08/2025
