The Macau government collected approximately MOP94.85 billion (US$11.8 billion) in fiscal revenue from gaming in full-year 2025, up 7.6 percent from 2024, according to the latest data from the city’s Financial Services Bureau.
Macau’s casino gross gaming revenue (GGR) for calendar-year 2025 had reached MOP247.40 billion, up 9.1 percent year-on-year, according to separate figures from the city’s casino regulator. That was the highest annual GGR tally since the onset of Covid-19 pandemic in early 2020.
Under Macau’s 10-year gaming concession system that started on January 1, 2023, the effective tax on casino GGR is 40 percent.
The latest data from the Financial Services Bureau show that gaming taxes accounted for 82.7 percent of the Macau government’s nearly MOP114.64-billion in current revenue recorded in 2025.
In 2025, the Macau government saw a fiscal surplus of MOP19.88 billion, up 26.1 percent year-on-year.
The tax-take figures for a given calendar period and the city’s casino GGR during the same time frame are not directly comparable for several reasons.
These include the fact that there is typically a delay between the point at which GGR is recorded by Macau’s casino operators and the point at which the government registers the corresponding tax payment.
The full-year 2025 revenue figure from gaming taxes at MOP94.85 billion is higher than the government’s revised forcast at MOP88.56 billion, as well as its initial forecast at MOP93.12 billion.
For 2026, the Macau government has estimated that income from taxes on the gaming sector would reach MOP92.53 billion, according to the 2026 fiscal budget plan.
