Casinos in Macau shut down operations due to Super Typhoon Ragasa | AGB
Summary
All casinos in Macau suspended operations at 5:00pm on Tuesday as Super Typhoon Ragasa approached, after the territory issued tropical cyclone signal 8. Authorities later raised the alert to the highest storm signal early Wednesday amid forecasts of intensifying winds and possible severe flooding. The shutdown is a precaution to protect staff, guests and property as the storm passes.
Financially, Citigroup has cut its September gross gaming revenue (GGR) forecast for Macau to $2.3 billion, citing the disruption from the typhoon. Separately, SJM Holdings is reported to be considering a US$137 million offshore renminbi bond issue to finance its Hengqin project — a move that could be affected by near-term operational disruption.
Key Points
- All Macau casinos suspended operations at 5:00pm on Tuesday in advance of Super Typhoon Ragasa.
- Authorities raised the territory’s storm alert to the highest level early Wednesday as winds were forecast to intensify.
- Closures were ordered to reduce risk to staff, guests and casino infrastructure amid flood and wind threats.
- Citigroup has cut Macau’s September GGR forecast to US$2.3 billion because of the expected disruption.
- SJM Holdings is reportedly considering a US$137m offshore renminbi bond to fund its Hengqin expansion — timing and market reaction may be influenced by the typhoon’s impact.
- Industry watchers will monitor short-term tourist flows, revenue recovery and any damage to integrated resorts.
Why should I read this?
Short and blunt: Macau’s entire casino sector paused because of a super typhoon — that’s immediate revenue hit, potential damage risk and a signal to anyone tracking Asia gaming that forecasts can change fast. If you work in gaming, finance or regional operations, this directly affects numbers, plans and investor sentiment. We’ve read the chaos so you don’t have to — here’s the takeaway.
Author style: Punchy — this is timely and material for the gaming industry; dig into the details if you care about forecasts or project funding in Macau.
Source
Source: https://agbrief.com/news/24/09/2025/typhoon-ragasa-forces-macau-casino-shutdown/