Experts say that the ongoing growth in tourist numbers could help push Macau’s gross gaming revenue in 2025 to MOP250 billion ($31.2 billion), beyond government estimates.
Total GGR for 2024 amounted to MOP226.78 billion ($28.31 billion), a near-24 percent yearly increase.
The government is expecting 2025’s gaming results to reach MOP240 billion ($29.96 billion), a figure experts believe is not only feasible but surpassable.
Speaking to TDM Radio, Lau Pun Lap, the president of the Macau Economic Association, noted that “our association is optimistic, but prudent for the prospects of local economic growth. We believe that GDP growth could be between 6 and 7 percent, meaning that the government estimates are achievable”. The expert indicated that the GDP growth would be driven by increased tourism and gaming revenue, as China’s economy improves and Macau continues its “healthy development”.
Davis Fong, the director of the Institute for the Study of Commercial Gaming at the University of Macau, noted that the 2024 GGR results were in line with government expectations, noting that the primary source was the mass market segment, due to the growth in tourism numbers.
“Regarding the visitor numbers, the tendency is for continued growth, therefore I’m optimistic about the estimate for MOP240 billion in gaming revenue in 2025. There’s even a possibility to reach MOP250 billion”.
On another note, Lau Pun Lap also noted that the three-year transition period for satellite casinos will finish at the end of 2025, “but I estimate that the impact on the gaming revenues will not be significant”.
