Deals & M&A1 min read
Seaport Research Partners expects weakness in Macau’s gaming market to persist through November, with high-end play remaining soft. The available report snippet gives no revenue forecast figure.
Seaport Research Partners expects Macau's gaming market to stay soft for now and forecasts lower GGR.
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It was reported that Seaport Research Partners expects Macau casino revenue to return to annual growth in August and accelerate in September. The brokerage anticipates business normalising after disruption associated with the World Cup.
AGTech Holdings forecast an attributable loss of at least HK$24 million for the six months to 30 September 2026, according to its profit warning issued on 30 October. It compared with HK$14.2 million a year earlier; the company attributed the expected decline to weaker demand for hardware in mainland China. The estimates remain preliminary while AGTech completes its interim results.
Coda is working with TikTok Gaming to let users in Thailand, Malaysia, Singapore, Indonesia and the Philippines buy digital content through Codashop. Since the initiative launched in mid-June 2026, linked creator videos have generated 1 billion views, with click-through above 5% and about 5% of clicks converting to purchases, Coda said.
Coda has begun working with TikTok Gaming to link content discovery with purchasing for consumers in Southeast Asia. Under the arrangement, TikTok users in Thailand, Malaysia, Singapore, Indonesia and the Philippines can click straight through to Codashop to buy game top-ups, gift cards and other digital goods. Creators can use livestreams and short-form videos to feature listed content, which gives publishers a new way to reach consumers.
Belle Corp reportedly recorded a 13.4% sequential increase in revenue from its gaming share in City of Dreams Manila. The headline also says the figure was lower year on year; the available text gives no further figures or period details.
Belle Corp is a partner of Melco Resorts & Entertainment in City of Dreams Manila.
CreditSights said MGM China could face event risk if parent MGM Resorts International changes ownership, while describing takeover overhang as less acute. MGM Resorts owns 56% of MGM China, and the companies are not currently in transaction talks, according to the report.