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Market data / Revenue analytics

Asia Gaming Revenue Analytics.

Gross gaming revenue and operator-level profit across the seven priority Asia-Pacific markets. Macau is carried monthly through September 2026; operator-level figures are at each company’s latest published filing, labelled with the period it covers, because the US-listed names report quarterly and the Hong Kong-listed names report a half. The comparison chart stays on Q1 2026, the most recent period every operator reports on the same basis. Every figure below is sourced from a primary regulator publication or a public-company filing.

VerifiedRegulator publications, filings and named reportingNo estimatesMacau through September 2026 · operator filings through Q3 where published, and the interims · updated 23 October 2026
NFA

Not financial advice. Every figure here is reported market data, sourced to a regulator publication or a company filing. Nothing on this page is a recommendation to buy, sell or hold any security, and nothing on this site creates an advisor-client or fiduciary relationship. Full disclaimer.

Macau Q1 2026

USD 8.14B

GGR · +14.3% YoY

Singapore Q1 2026

USD 1.97B

MBS + RWS · +17.3% YoY

Philippines Q1 2026

USD 1.42B

GGR · −15.9% YoY

Cambodia Q1 2026

USD 174.7M

NagaWorld GGR · +2.1% YoY

Methodology

FX (Q1 2026 period-average): HKD 7.78 · MOP 8.07 · SGD 1.30 · PHP 61.5 · KRW 1,475 · VND 26,400 · AUD 1.515

  • Regulator publications and company filings where available; otherwise named trade reporting, identified as such in the source list.
  • No analyst estimates in any headline number.
  • Net income where filed; Adj. EBITDA / EBITDAR where segment-only.
  • Currency at period-average central-bank rates.
Macau SAR

/ 01 · Featured market

Macau SAR

DICJ (Direcção de Inspecção e Coordenação de Jogos) · Monthly

VERIFIED↑ 14.3% YoY

Q3 2026 GGR

USD 7.44B

MOP 60.2B · -3.8% YoY · VIP 28.1% · mass 55.8%

Q2 2026 GGR

USD 7.54B

MOP 61.0B · ≈ flat YoY · VIP 26.1% · mass 57.6%

Q1 2026 GGR

USD 8.14B

MOP 65.9B · +14.3% YoY

Jan–Sep 2026 YTD

USD 23.1B

MOP 187.12B · +3.2% YoY · 9 months

Sep 2026 GGR

USD 2.23B

MOP 18.1B · -1.2% YoY · -17.5% MoM

FY2026 forecast

USD 29.0B

MOP 236B · gov't budget

Monthly GGR · 2026

USD

2.81B
JAN▲ 24.0%
2.56B
FEB▲ 4.5%
2.80B
MAR▲ 15.0%
2.47B
APR▲ 5.5%
2.80B
MAY▲ 6.7%
2.29B
JUN▼ 12.1%
2.51B
JUL▼ 8.4%
2.71B
AUG▼ 1.2%
2.23B
SEP▼ 1.2%

Concessionaires · latest published filing

The six Macau concessionaires at their latest filing, each labelled with its period. Sands China has reported Q3 2026; Galaxy, Melco and Wynn are shown at Q2 until their Q3 results arrive; MGM China and SJM publish an interim and are shown at H1 2026. Net income where disclosed; EBITDAR / EBITDA where operators publish only segment data. Q2 was the softer quarter, with adjusted property EBITDA at Sands China down 24% on a 1.35% VIP hold; in Q3 its EBITDA recovered 23% on the quarter but stayed 12% below a year earlier, while DICJ's Q3 casino revenue fell 3.8%. The SJM half is not comparable with last year, being its first full interim since the satellite casinos closed.

Sands China

Las Vegas Sands · HK:1928

Q3 2026 revenue

USD 1.93B

+1.4% YoY

Net income

USD 191.0M

-29.8% YoY

Adjusted property EBITDA USD 529M, -12.0% y-o-y (USD 601M) but +23% q-o-q from Q2's three-year low; 633 + 430 + 529 = 1,592, LVS's own nine-month figure exactly. Rolling win at The Venetian Macao 3.97% against an expected 3.3%, so luck flattered the quarter by about USD 11M. LVS raised its stake in Sands China to 75.56%.

Galaxy Entertainment

Galaxy Group · HK:0027

Q2 2026 revenue

USD 1.52B

-2.0% YoY

Profit

Not disclosed

Reported directly, not derived: HK$11.8B, -2% y-o-y and -5% q-o-q. It reconciles against the interim, Q1 HK$12.4B + Q2 HK$11.8B = H1 HK$24.2B.

Melco Resorts

Melco International · NASDAQ:MLCO

Q2 2026 revenue

USD 1.25B

-6.0% YoY

Adj. property EBITDA

USD 303.8M

-19.6% YoY

Group total, so it carries Cyprus and Manila as well as Macau. Softer rolling chip and mass table play, and weaker non-gaming.

Wynn Macau Ltd

Wynn Resorts · HK:1128

Q2 2026 revenue

USD 1.00B

+13.7% YoY

Adj. Property EBITDAR

USD 297.0M

+17.1% YoY

The two Macau properties summed, the same convention as Q1: Wynn Palace USD 653.4M rev / USD 201.5M EBITDAR, Wynn Macau Peninsula USD 351.1M / USD 95.5M. Both components are published separately by the parent.

MGM China

MGM Resorts Intl. · HK:2282

H1 2026 revenue

USD 2.24B

+4.2% YoY

Adj. EBITDA (HK$4.8B)

USD 617.0M

-2.0% YoY

Interim. A record half for net revenue, HK$17.4B against HK$16.7B, while adjusted EBITDA edged down from HK$4.9B. Market share about 15.9%. No Q2 on MGM China's own HK$ basis: its parent files a Q2 segment figure in USD (USD 1.10B, -0.8%), a different basis, so it is not stored beside these rows.

SJM Holdings

STDM · HK:0880

H1 2026 revenue

USD 1.49B

-20.8% YoY

Adj. EBITDA (HK$1.70B)

USD 218.0M

+3.3% YoY

Interim. Net gaming revenue HK$10.56B, -22.5%. Adjusted EBITDA ROSE 3.3% while revenue fell a fifth, and the interim loss widened 62%. ⚠️ The halves are NOT comparable: this is the first full interim since the satellite casinos closed in December 2025, and they contributed throughout H1 2025. SJM says so itself.

Primary sources

More Intel

Property Map

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