Macau’s government collected MOP14.24 billion ($1.78 billion) in gaming tax revenue during January and February 2025, representing a 3.8 percent year-on-year decline, according to the latest Financial Services Bureau data.
The gaming sector continues to be the primary revenue source for Macau, contributing 89.3 percent of the government’s total MOP15.95 billion ($2 billion) revenue for the first two months of the year.
This tax collection accounts for 15.3 percent of the government’s annual gaming tax target of MOP93.12 billion ($11.6 billion) outlined in the 2025 budget plan. The effective tax rate on casino gross gaming revenue (GGR) remains at 40 percent under the 10-year gaming concession system implemented on January 1st, 2023.
Notably, while tax revenue decreased, Macau’s aggregate casino GGR for the same period increased slightly by 0.5 percent year-on-year, reaching MOP38 billion ($4.7 billion). This figure represents 15.8 percent of the government’s ambitious MOP240 billion ($30 billion) GGR forecast for 2025.
