Key Moments:
- Gross gaming revenue in Macau reached MOP$22.16 billion (US$2.76 billion) in August.
- The August GGR surpassed July’s total and posted a 12.2% increase over the same month in 2024.
- Cumulative GGR for the first eight months of 2025 rose 7.2% year-on-year to MOP$163.1 billion (US$20.3 billion).
Monthly Performance and Records
The Gaming Inspection and Coordination Bureau (DICJ) reported that Macau’s casinos generated gross gaming revenues of MOP$22.16 billion (US$2.76 billion) in August. This figure marks a slight increase over July’s GGR of MOP$22.13 billion (US$2.73 billion), establishing a new high for monthly post-pandemic results. Compared with August 2024, the latest result represents a 12.2% increase.
Year-to-Date Growth
Across the first eight months of 2025, Macau’s total gross gaming revenue stands at MOP$163.1 billion (US$20.3 billion). This means the sector has grown 7.2% year-on-year, reflecting a notable recovery and ongoing upward trajectory for the region’s gaming market.
Macau’s gaming revenue rose 12.2% in August, as the world’s biggest gambling hub wraps up its best-performing post-Covid summer off the bat of entertainment offerings that keep luring visitors https://t.co/DcPkA9LzAK
— Bloomberg (@business) September 1, 2025
Analyst and Market Sentiment
After a slow start to the year, Macau’s gaming industry has experienced a pronounced upswing beginning in May. This resurgence has prompted analysts to revise their forecasts for 2025 GGR, with many now anticipating continued double-digit gains for the remainder of the year. Investment JP Morgan commented in a recent note that August’s GGR reached the highest levels outside of Golden Week holiday periods seen since the pandemic.
Concessionaire Strategies and Shareholder Impact
Recent financial reports from concessionaires operating in Macau have demonstrated strong market confidence. Several operators have declared substantial dividend payments to shareholders, despite share prices not yet fully recovering. This suggests optimism in the sector’s ongoing momentum and ability to deliver value to investors.
| Month | Gross Gaming Revenue (MOP$) | Gross Gaming Revenue (US$) |
|---|---|---|
| July | 22.13 billion | 2.73 billion |
| August | 22.16 billion | 2.76 billion |
- Author
Daniel Williams
