Macau’s casino gross gaming revenue (GGR) for calendar-year 2025 reached MOP247.40 billion (US$30.86 billion), the city’s government said on Thursday, New Year’s Day.
The full-year figure was up 9.1 percent year-on-year, according to data disclosed by Macau’s casino regulator, the Gaming Inspection and Coordination Bureau.
It was the highest annual GGR tally since the onset of the Covid-19 pandemic in early 2020. Full-year 2019 GGR for Macau stood at just under MOP292.46 billion.
The 2025 full-year figure was about 84.6 percent of the city’s pre-pandemic 2019 GGR.
December’s GGR was MOP20.89 billion, down 0.9 percent compared with November’s tally of nearly MOP21.09 billion. The December figure was up 14.8 percent in year-on-year terms.
In June, the Macau government reduced its 2025 GGR forecast by around 5 percent, to MOP228 billion, from a previous projection of MOP240 billion.
In November, the local government’s 2026 fiscal budget plan estimated the city’s casino GGR will reach MOP236 billion for full-year 2026.
Shortly after, at Macau’s Legislative Assembly, Tai Kin Ip, the city’s Secretary for Economy and Finance, described the forecast as “prudent”, as Macau was susceptible to events in “international economies”. He didn’t elaborate.


