Macau July lucky gambling gross revenue MOP221.3 billion

Macau July lucky gambling gross revenue MOP221.3 billion

Macau's gambling industry reported a significant milestone in July, with gross gambling revenue (GGR) reaching MOP221.3 billion. This substantial figure underscores the resilience and continued growth of the city's gaming sector despite global economic uncertainties [1].

The impressive GGR for July can be attributed to several key factors. First, the sector has seen a strong rebound in gaming volumes, particularly in mass table games, which have contributed significantly to the overall revenue growth [2]. Additionally, non-gaming revenues from attractions like the House of Dancing Water have played a crucial role in boosting the overall financial performance of Macau's casinos.

Melco Resorts & Entertainment Limited, one of the major players in the Macau market, reported a notable increase in its Macau property EBITDA margin, reaching 29.2%, the second highest on record. This was achieved through disciplined cost management, which reduced operating expenses to approximately $3 million per day for the entire second quarter [2]. The company's strategic focus on cost optimization and strong non-gaming revenue contributions from attractions have been instrumental in driving this growth.

The recovery in gaming revenue can also be linked to market stabilization and a transition in VIP business, with new junkets contributing to improved profitability. The implementation of cost reduction initiatives, such as rationalizing patron reinvestment and marketing expenses, has further supported the industry's recovery [2].

The performance of Macau's gaming sector is a testament to the city's ability to adapt and thrive in the face of challenges. As the industry continues to evolve, investors and financial professionals can expect to see further growth and innovation in the coming quarters.

References:
[1] https://www.gamblinginsider.com/news/results
[2] https://www.ainvest.com/news/melco-resorts-2025-q2-earnings-call-unpacking-key-contradictions-strategy-performance-2508/