Business · 2026-11-01 · Morning briefing

Macau gaming revenue falls 10% despite holiday surge

Macau's casino revenue declined for a fifth consecutive month in October. Data released on Sunday by the Gaming Inspection and Coordination Bureau showed gross gaming revenue fell 10% from a year earlier to 21.68 billion patacas ($2.68bn). The sustained drop occurred as weak spending by high-end players offset a surge in visitors during the "Golden Week" national holiday.

The 10% year-on-year decrease was in line with the median analyst estimate, confirming the persistent headwinds facing the world's largest gambling hub. While the city saw an influx of tourists for the holiday, the final revenue figure demonstrates this was not enough to reverse the trend. The total take remains significantly below a full recovery, landing approximately 18% lower than the pre-pandemic level recorded in October 2019.

Summary written by Cup of News with AI from the sources below. Check the originals for the full story.

Read the sources

• Macau Gaming Revenue Decline Extends Despite Golden Week Boost
• Macau Holds 2026 Gaming Revenue Forecast Despite Slump
• Macau Golden Week sees an increase in visitors but lower gaming revenue
• Macau baccarat revenue falls by 5% in third quarter of 2026
• Macau gaming revenue bounces back after World Cup lull

More stories in this edition

1. Iran warns US of attacks with 'no geographical limitations'
2. Russia's fourth-largest oil refinery hit in drone attack
3. Bolivia declares emergency over El Nino drought and floods
4. Frankfurt shops looted as German cost-of-living protests turn violent
5. Yemen: UN demands probe into death of staffer in Houthi custody
6. Indian opposition protests mass voter roll purge in New Delhi
7. Pakistani oil refineries post twentyfold profit surge
8. FBI attributes $6bn Binance crypto theft to North Korea
9. Hamilton claims first Ferrari pole, oldest in 44 years

Read the whole edition