Macau’s gaming tax revenue rose 7.63 percent year-on-year in 2025 to reach MOP94.86 billion ($11.9 billion), reinforcing the sector’s central role in the city’s public finances, according to official data released by the Financial Services Bureau.
The increase was driven by continued recovery in the city’s casino industry. Macau’s gross gaming revenue (GGR) for the full year reached MOP247.4 billion ($30.9 billion), a 9.1 percent year-on-year increase, exceeding the government’s full-year target of MOP228 billion ($28.5 billion).
Gaming taxes remained the dominant source of government income, accounting for 82.7 percent of Macau’s MOP114.64 billion ($14.3 billion) in revenue recorded in 2025.
Including capital income, total public revenue stood at MOP118.29 billion ($14.8 billion) for the year, a 7.5 percent increase from the previous year, according to the bureau’s central accounts and budget execution data.
On the expenditure side, Macau recorded current spending of MOP79.21 billion ($9.9 billion), up 4.83 percent from MOP75.56 billion ($9.4 billion) in 2024. Total public spending, including capital expenditure, reached MOP98.41 billion ($12.3 billion), rising 4.4 percent compared with MOP94.25 billion ($11.8 billion) a year earlier.
The government reported a fiscal surplus of MOP19.89 billion ($2.5 billion) for 2025, an increase of 26.08 percent from MOP15.77 billion ($2 billion) in the previous year.
