Tariff pause gives US casinos in Macau casinos a boost

US-based casinos in Macau are getting a welcome boost courtesy of the pause in the global tariff war.

Share prices in the region’s biggest entertainment venues have sharply spiked due to the pause in the United States’ increased tariffs on every conceivable export and import.

The financial markets responded in kind with Wynn Resorts, Las Vegas Sands, and MGM Resorts all seeing an uptick in interest.

According to Investopedia, all three entertainment entities reported increases of 8%, 7%, and 5%, respectively. The trident of entertainment outlets accounts for a substantive amount of profit for each company and earnings before interest, taxes, depreciation, and amortization (EBITDA).

The Investopedia report stated, “Both Wynn Resorts and Las Vegas Sands generated 47% of their first-quarter adjusted property EBITDA in Macau. Meanwhile, MGM Resorts International’s MGM China unit produced 45% of its Q1 adjusted EBITDA.”

Wynn Resorts had been facing a 9% shortfall in the first quarter of 2025 until the recent news that the tariff action put in place by the United States was due to be paused. So the company will be pleased that the next few financial quarters will receive a much-needed boost.

We reported that Wynn’s operating revenues for Q1 were $1.70 billion, a decrease of $162.5 million from $1.86 billion for the first quarter of 2024. The company’s net income was almost halved in comparison to the same period in 2024.

The operator reported that in “the first quarter of 2025, operating revenues decreased $81.8 million, $51.0 million, $11.3 million, and $8.6 million at Wynn Macau, Wynn Palace, our Las Vegas Operations, and Encore Boston Harbor, respectively, from the first quarter of 2024.”

In comparison to Wynn, the two other named companies in the Investopedia report had fared better despite the incoming tariffs.

BetMGM recorded a strong first quarter of 2025 and a healthy profit on the previous year. Sands China Ltd group also announced an expansion in Singapore as the Marina Bay Sands had been granted a $12 billion loan.

Image: Wynn Resorts.

The post Tariff pause gives US casinos in Macau casinos a boost appeared first on ReadWrite.