Macau’s gaming tax collections have shown slight growth for the first half of 2025, with a 1.0% increase in gaming tax revenue, amounting to nearly MOP45.26 billion (US$5.6 billion). Despite economic headwinds and a downward revision in the city’s gross gaming revenue (GGR) projections, the casino industry continues to play a pivotal role in Macau’s economy.
While the government lowered its forecasted GGR for 2025 from MOP240 billion to MOP228 billion, the tax revenue projections were still adjusted downward by only 4.9%, reflecting continued stabilization and recovery in the sector.
In June 2025, Macau’s gaming tax revenue rose by 12.2% compared to May, and casino GGR surged by 19% year-on-year to MOP21.06 billion, making it the second-highest post-COVID total. These positive trends indicate the resilience of Macau’s casino market despite the challenges.
The gaming industry remains central to Macau’s financial health, contributing 86.5% of government revenues in the first half of 2025. As the market stabilizes, the focus will now be on how the region adjusts to economic realities while continuing to fuel the gaming sector’s growth.
