Macau collected MOP29.84 billion ($3.71 billion) in gaming tax revenue during the first four months of 2025, showing no growth compared to the same period last year, according to figures released Wednesday by the Financial Services Bureau.
April saw a monthly decline, with authorities reporting MOP7.64 billion ($950 million) in gambling taxes—down 3.9 percent from March.
The year-to-date figure represents 32 percent of the government’s annual target of MOP93.12 billion ($11.58 billion), as outlined in its 2025 fiscal plan.
Gaming taxation remains the cornerstone of Macau’s public finances, accounting for 87.7 percent of the government’s total revenue of MOP34.04 billion ($4.24 billion) as of April 30.
Total casino gross gaming revenue (GGR) reached MOP76.51 billion ($9.52 billion) between January and April, reflecting a modest 0.8 percent increase year-on-year. This marks 31.9 percent of the government’s full-year GGR forecast of MOP240 billion ($29.84 billion).
Chief Executive Sam Hou Fai indicated in his mid-April Policy Address for Fiscal Year 2025 that budget revisions might be necessary later this year, citing uncertainties in gaming revenue projections and pending expenditures not yet factored into the current financial framework.
