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Morgan Stanley forecasts Macau casino GGR growth of 6% in 2026

Deals & M&A

Morgan Stanley forecast Macau casino gross gaming revenue to rise by about 6% in 2026, compared with projected growth of about 1% in Singapore and Las Vegas. The bank expects Macau EBITDA to increase by 2%, citing promotion costs and non-gaming expenses; official figures put Macau’s 2025 GGR at MOP247.40bn, up 9.1% year on year.

The forecasts give casino operators and investors comparative market growth and margin expectations for 2026.

End-of-day close Genting Singapore (G13), SGD, to 4 May 2026
Story date3 February 20264 May 2026

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Las Vegas Sands reaffirms Macau commitment and rejects prediction market expansion

Las Vegas Sands chairman and chief executive Patrick Dumont reaffirmed the company’s commitment to Macau and ruled out prediction market expansion. Speaking to Bloomberg TV at The Venetian Macao, Dumont expressed confidence in Macau’s long-term outlook despite four consecutive months of slowing gaming revenue.

Las Vegas Sands chairman and chief executive Patrick Dumont said the company remains committed to Macau and does not intend to enter prediction markets, in an interview with Bloomberg TV at The Venetian Macao. The comments were reported after gaming revenue in Macau had slowed for four consecutive months.

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