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IMF says Macau mass-market gaming drove 2025 casino revenue growth

Regulation

The IMF said mass-market gaming generated 73% of Macau casino gross gaming revenue in 2025. Casino revenue grew 9.1% that year and rose 6.9% in the first half of 2026, with mass-market play driving the latter increase; the IMF expects VIP gaming to remain a limited share over the medium term.

Macau casino operators and investors can use the figures to assess revenue mix and exposure to VIP gaming.

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Regulation

Brazil’s STF weighs betting suspension as legal challenges raise uncertainty

Brazil’s Supreme Federal Court (STF) is considering the constitutionality of Provisional Measure 1,394/2026, which temporarily suspended the regulated fixed-odds betting market. At a 3 November hearing, Justice Luiz Fux raised questions about legal certainty, non-retroactivity and the measure’s constitutional basis; the source says the court may consider how a ruling affects companies already approved. A separate appellate ruling granted temporary relief to CDA Gaming, though the source text ends before detailing its effect.

Justice Luiz Fux of the Supreme Federal Court (STF) scheduled a hearing on November 3, and 36 associations attended to debate Provisional Measure (MP) 1,394/2026. Under that measure, Brazil's regulated fixed-odds betting market was put on temporary hold.

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