Macau’s gross gaming revenue (GGR) totaled MOP20.26 billion ($2.51 billion) in July, down 8.4 percent year-on-year, according to data released by the Gaming Inspection and Coordination Bureau (DICJ).
The July figure represented a 9.4 percent increase from June’s MOP18.52 billion ($2.29 billion). Average daily GGR reached approximately MOP654 million ($81 million), up 5.9 percent from June.

The result exceeded CLSA’s forecast of MOP19.5 billion ($2.41 billion) but remained broadly within analysts’ expectations.
CLSA had projected a 12 percent year-on-year decline, while Citigroup expected GGR to fall 5 percent to about MOP21 billion ($2.60 billion). Seaport Research Partners forecast a decline of between 7 percent and 9 percent.
Analysts had expected gaming demand to remain under pressure during the first part of July due to the FIFA World Cup, which concluded on July 19th. Brokerages anticipated a recovery after the tournament, supported by Macau’s summer entertainment calendar.
For the first seven months of 2026, Macau’s casino GGR reached MOP147.16 billion ($18.22 billion), up 4.4 percent from MOP140.90 billion ($17.45 billion) during the same period last year.

However, the seven-month total remained 15.4 percent below the MOP173.96 billion ($21.53 billion) recorded during the same period in 2019. July GGR recovered to 82.9 percent of its corresponding 2019 level.



