Macau Legislative Assembly committee reports gaming tax supplied 76.6% of 2025 revenue
Regulation1 min read
Macau’s Second Standing Committee reported that gaming concession revenue made up 76.6% of government revenue in 2025. The government collected about MOP$94.9 billion in gaming tax, while total revenue was MOP$124.1 billion and expenditure was MOP$102.9 billion. Committee president Ip Sio Kai said gaming revenue improved in the first half of 2026 but declined year on year in the second half.
Macau derived 76.6% of its total revenue from gaming tax in 2025, according to information presented at a Legislative Assembly committee meeting. In 2025, gross gaming revenue stood at MOP$247.4bn, with government gaming tax revenue at approximately MOP$94.9bn.
Actual Macau government revenue reached MOP$124.1bn last year, up 6.9% from 2024, committee president Ip Sio Kai said. Actual expenditure rose 5% year on year to MOP$102.9bn. The fiscal surplus amounted to MOP$21.3bn.
Ip said the 2025 budget revision lowered the gross gaming revenue forecast from MOP$240bn to MOP$228bn, but actual revenue exceeded the original forecast. He said gaming revenue continued to improve in the first half of 2026 but began to fall year on year in the second half.
Visitor arrivals rose 14.7% to a record 40.07 million in 2025. Tourism tax revenue fell by MOP$22.9m from 2024 to MOP$1.09bn.
Macau’s total financial reserves stood at MOP$666.7bn, including MOP$167.3bn in basic reserves and MOP$456.5bn in excess reserves, with current-period profit and loss at MOP$42.9bn.
The committee will monitor future gaming revenue trends.