The Macau government collected just above MOP14.24 billion (US$1.78 billion) in fiscal revenue from gaming in the first two months of 2025, down 3.8 percent from the prior-year period, according to the latest data released by the city’s Financial Services Bureau.
Under Macau’s 10-year gaming concession system that came into effect on January 1, 2023, the effective tax on casino gross gaming revenue (GGR) is 40 percent.
The tax-take figures in a given calendar period and the city’s casino GGR in such a time frame are not directly comparable for a number of reasons.
They include the fact that there is typically a delay between the point where GGR is recorded in Macau casino operations and the point at which tax is registered by the Macau government as having been paid on such play.
According to the government’s 2025 budget plan, revenue from gaming taxes is anticipated to reach nearly MOP93.12 billion this year. The take for the first two months this year represents 15.3 percent of that figure.
The latest data showed that taxes from gaming brought in 89.3 percent of the Macau government’s MOP15.95-billion current revenue recorded in the opening two months of the year.
Aggregate casino GGR in the first two months of 2025 totalled MOP38.00 billion, up 0.5 percent on the same period in 2024, according to official data. It represented 15.8 percent of the Macau government’s MOP240 billion forecast for this year.


