Asia bulletin: Macau “poised for growth” in 2023, according to analysts

Affiliate CasinoReviews.net believes Macau’s gambling market is poised for growth in 2023.

macau bulletin
Listen To Article

This is despite the region suffering an 80% fall in revenue compared to pre-pandemic levels over the last three years – a time in which it has been constrained by stringent lockdown measures because of Covid-19.

CasinoReviews.net believes its findings indicate significant opportunities for investors and operators looking at Macau, stating that despite the headwinds faced by the region in recent years, the market has remained “steadfast.”

Specifically, the findings made by CasinoReviews.net suggest that Macau’s market is expected to recover at a compound annual growth rate (CAGR) of 5.7% between 2021 and 2026.

Theaffiliate adds that with Sands China, Wynn Macau and Galaxy Entertainment continuing to dominate Macau’s market, and the development of new resorts and entertainment complexes in the pipeline, this predicted growth is all the more assured.

Furthermore, should Macau make the shift towards online gambling – with its SAR Government currently looking to regulate and legalise this vertical, it will only expand revenue sources for operators, as per the affiliate.

In the below graph, CasinoReviews.net details visitation numbers to Macau from 2013-2022. With the period of Covid-19 restrictions now all but over for the region, the return of visitors will have a key impact on the recovery of the region's gaming economy.  

 100

The full report was conducted with the assistance of Sudhir H Kale, PhD, a former full-time advisor to Sands China.

In August 2022, Gambling Insider made the case for and against investing in Macau at a time when its market health and revenues were at their lowest.

Perhaps now, the 'for' argument is coming to the fore...


Asia News Sponsor
Premium+ Connections
Premium

1xBet Partners

 
Premium

PIN-UP Partners

 
Premium

Revsharks

 
Premium

GammaStack

 
Premium

Galaxsys

 
Premium

Digitain

 
Premium

Sport Generate

 
 
Premium

Lynon

 
Premium

Imagine Live

 
Premium

RISK

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...