The Macao SAR Government announced Tuesday that it has lowered its gross gaming revenue estimate for 2025 to MOP$228 billion (US$28.2 billion), or an average of MOP$19 billion (US$2.35 billion) per month – down from a previous estimate of MOP$240 billion (US$29.7 billion).
The original MOP$240 billion estimate formed part of the government’s 2025 budget. Given that Macau’s economy is highly dependent on taxes on GGR, the budgets of various government departments were also set based on that forecast.
However, GGR for the first five months of 2025, through May, has only reached MOP$97.7 billion (US$12.1 billion) at an average of MOP$19.54 billion (US$2.42 billion) per month, falling short of the government’s forecast.
