{"id":777033012,"date":"2025-10-13T07:58:47","date_gmt":"2025-10-13T10:58:47","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777033012"},"modified":"2026-04-21T18:17:23","modified_gmt":"2026-04-21T21:17:23","slug":"macau-gaming-tax-revenue-up-6-january-september","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-tax-revenue-up-6-january-september","title":{"rendered":"Macau gaming tax revenue up 6%"},"content":{"rendered":"\n<p>The government collected US$8.78bn from casino operations in the first nine months of 2025.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The <strong>Financial Services Bureau<\/strong> has reported that Macau collected <strong>MOP70.4bn (US$8.78bn)<\/strong> in casino taxes in the first nine months of the year. The figure was up 6 per cent year-on-year.<\/p>\n\n\n\n<p>For September, gaming tax revenue reached MOP8.53bn (US$1.06bn). The\u00a0Gaming Inspection and Coordination Bureau (DICJ)\u00a0reported that Macau\u2019s gross gaming revenue (GGR) for the month was <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-rises-6-year-over-year-in-september\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-rises-6-year-over-year-in-september\" target=\"_blank\" rel=\"noreferrer noopener\">MOP18.3bn (US$2.27bn)<\/a>. That\u2019s an increase of 6 per cent in year-on-year terms, but 17.5 per cent behind August.<\/p>\n\n\n\n<p>Under the 10-year concessions that came into effect on January 1, 2023, casinos pay 40 per cent on GGR. The government\u2019s original 2025 budget plan forecast full-year gaming tax revenue of MOP93.12bn (US$11.52bn). This was revised down in the&nbsp;<a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-lawmakers-pass-budget-lowering-gaming-tax-revenue\" target=\"_blank\" rel=\"noreferrer noopener\">2025 fiscal budget amendment bill<\/a>&nbsp;to MOP79.8bn (US$9.87bn), reflecting a revision of the gaming revenue forecast from MOP240bn ($29.69bn) to MOP228bn ($28.2bn).<\/p>\n\n\n\n<p>Cumulatively, Macau\u2019s GGR for the first&nbsp;<strong>nine months of 2025 was MOP181.3bn (US$22.5bn)<\/strong>, up 7.1 per cent year-on-year. The figure was 17.7 per cent below pre-pandemic levels (MOP220.2bn \/ US$27.4bn).<br><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2021\/12\/16394051811637763332Macau-expects-25000-visitors-per-day-during-October-Golden-Week-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/macau-casino-revenue-was-us686-1m-in-first-five-days-of-october-jp-morgan-says'>Macau sees best Golden Week revenue in over five years, JP Morgan says<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The government collected US$8.78bn from casino operations in the first nine months of 2025.<\/p>\n","protected":false},"author":226,"featured_media":777033020,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's casino tax revenue reached US$8.78bn in the first nine months of 2025, a 6% year-on-year increase, driven by a 7.1% rise in cumulative GGR to US$22.5bn. Despite this growth, September's GGR saw a 17.5% sequential decline from August, leading to a downward revision of the government's full-year gaming tax and GGR forecasts for 2025.","focusai_entities":"Financial Services Bureau, Gaming Inspection and Coordination Bureau (DICJ), JP Morgan","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact of GGR Revision","query":"How might the downward revision of Macau's 2025 GGR forecast impact the capital expenditure and dividend policies of the concessionaires, particularly given the 40% GGR tax rate?"},{"label":"September GGR Decline","query":"What specific market factors or operational shifts contributed to the 17.5% sequential decline in September's GGR compared to August, and what are the implications for Q4 2025 performance?"}],"footnotes":""},"categories":[16338,163,24628,158],"tags":[257,1206],"class_list":["post-777033012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-highlight-of-the-week","category-slider-home","tag-macau","tag-tax"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777033012"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033012\/revisions"}],"predecessor-version":[{"id":777033024,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033012\/revisions\/777033024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777033020"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777033012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777033012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777033012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}