Macau’s gross gaming revenue is seen growing by 8% to MOP$245 billion (US$30.5 billion) in 2025, representing more modest GGR growth than last year but still exceeding the SAR Government’s previously stated guidance of MOP$240 billion (US$29.9 billion), according to CreditSights analysts. CreditSights is part of the Fitch Group.
The update formed part of the research house’s Macau Gaming Monitor following publication by Macau’s Gaming Inspection and Coordination Bureau of the gaming sector’s 4Q24 and FY24 results, which showed that 2024 GGR reached MOP$227 billion (US$28.3 billion) or 78% of 2019 levels. The CreditSights forecast would have GGR back to 84% of pre-COVID levels in 2025.
