The Legislative Assembly of Macau approved the 2025 fiscal budget amendment bill on Wednesday, July 9th, which includes a downward revision of the government’s income forecast from the city’s direct tax on gross gaming revenue (GGR).
According to an opinion document issued by a subcommittee of the Assembly, the government now expects to collect MOP79.8 billion ($9.87 billion) in direct gaming tax this year—5 percent lower than the previously forecasted MOP84.0 billion ($10.39 billion). The adjustment reflects the administration’s revised expectations for Macau’s gaming sector performance in 2025.
Macau officially refers to its 35 percent tax on GGR as the “special gaming tax.” The updated revenue projections are part of a broader budget amendment introduced by the government and examined by the Assembly’s subcommittee.
The downward adjustment follows a revised forecast for total GGR in 2025, announced on June 3rd. The government cut its GGR estimate to MOP228 billion ($28.20 billion) from the previously expected MOP240 billion ($29.69 billion), representing a similar 5 percent reduction.
The opinion document also noted revised projections for other gaming-related taxes. The city expects to generate MOP6.84 billion ($846 million) from the 3 percent levy on GGR, which funds urban development, tourism promotion, and social security. This figure also marks a 5 percent decrease from earlier estimates.
Meanwhile, forecasts for revenue from the 2 percent public fund levy on GGR and the tax on commissions paid by casinos to junket operators remain unchanged. The government continues to project MOP100 million ($12.37 million) in revenue from the junket commission tax for 2025.
