Macau recorded gross gaming revenue of MOP21.09 billion in November, up 14.4% year on year and down 12.4% from October. Revenue for the first 11 months of 2025 reached MOP226.52 billion, 8.6% higher than a year earlier and close to the government’s MOP228 billion full-year target.
The figures show how Macau’s casino market was tracking against the government’s full-year revenue target with one month remaining.
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Macau’s casino gross gaming revenue fell 3.8% year on year to MOP60.22 billion in the third quarter of 2026, according to figures published by the Gaming Inspection and Coordination Bureau. Mass baccarat revenue dropped 7.9% to MOP33.61 billion, while slot revenue rose 18.8% to MOP4.09 billion; the bureau’s VIP figures use a different basis from concessionaire reporting.
Macau casino gross gaming revenue fell 3.7% year on year in Q3 2026 to MOP60.4bn, according to figures from the Gaming Inspection and Coordination Bureau. Mass baccarat revenue dropped 7.9% to MOP33.6bn, while VIP baccarat was unchanged year on year at MOP16.9bn. The regulator’s mass baccarat category includes mass and premium mass play.
Macau’s industry-wide gross gaming revenue declined in the September 2026 quarter, according to the headline. The headline attributes the decline to a 7.9% drop in mass baccarat, while the snippet says softer premium baccarat was the primary driver.
Macau’s casinos recorded September gross gaming revenue of MOP18.06bn (US$2.23bn), down 1.2% year on year, citing DICJ figures released on 1 October. September marked the fourth successive month of annual revenue declines.
Macau’s DICJ rejected claims that casino operators’ direct VIP services compete with junkets in a reply dated 12 August. Lawmaker Chan Hao Weng sought changes to exclusivity rules and commission taxation. The regulator defended the framework without committing to either change.