Monthly gaming revenue in Macau surges 19% year-on-year, reaching US$2.73 billion in July, marking a new post-pandemic high.

Macau Casinos See Unprecedented Revenue Growth in July 2025

Macau's commercial casinos recorded a gross gaming revenue (GGR) of MOP$22.13 billion (US$2.73 billion) in July 2025, marking a new post-pandemic record and a significant increase of 19.0% compared to the same month in 2020 [1]. This surge in revenues has been primarily driven by several factors, including strong entertainment offerings, increased visitor arrivals, and robust VIP gambling activity.

The entertainment sector in Macau has been a major contributor to the recent growth. Notable events and celebrity performances, such as those by pop legend Jackie Cheung, have significantly boosted patronage, contributing to an 11.6% rise in gaming revenue in July following a 19% increase in June [2][1].

Macau also welcomed a record 20 million visitors by early July, reflecting a continued influx of tourists supporting the casino sector [1]. This high tourist volume has been sustained, with the tourism sector reaching significant milestones. On average, the city has been welcoming around 110,000 daily visitors during the summer months [1].

Another key driver of the revenue growth has been the strong VIP gambling segment. VIP gambling revenue surged by 22.7% in Q2, indicating heightened high-stakes betting [5].

The combined GGR for the first seven months of 2025 has reached MOP$140.9 billion (US$17.4 billion), representing a 6.5% year-on-year increase [1]. This recent surge in revenues has helped push the combined GGR for the first seven months of 2025 to a significant level.

The information about the revenue was provided by the Gaming Inspection and Coordination Bureau (DICJ) of Macau [1]. The month-on-month rise in July's GGR is noteworthy, despite the usual dip in Q3, and July's GGR result continues the recent surge in revenues compared to the prior year period [1].

These positive trends have led major financial analysts and research firms to upgrade their Macau casino revenue forecasts for 2025, some raising outlooks by as much as 7%, despite the Macau government revising some estimates downward due to other factors [3]. This mix of demand drivers explains the unexpected GGR rise amid a generally cautious industry environment [1][3].

References:

Blaschke, B. (2025, August 1). Macau July GGR hits MOP22.13 billion, up 19.0% YoY. Inside Asian Gaming. Retrieved from https://www.insideasiangaming.com/
Blaschke, B. (2025, July 29). Macau July GGR to set new record, analysts say. Inside Asian Gaming. Retrieved from https://www.insideasiangaming.com/
Blaschke, B. (2025, July 26). Macau government lowers 2025 GGR forecast by 2%. Inside Asian Gaming. Retrieved from https://www.insideasiangaming.com/
Blaschke, B. (2025, July 23). Macau welcomes 20 million visitors in first seven months of 2025. Inside Asian Gaming. Retrieved from https://www.insideasiangaming.com/
Blaschke, B. (2025, July 20). Macau VIP revenue up 22.7% in Q2. Inside Asian Gaming. Retrieved from https://www.insideasiangaming.com/

The surge in revenues at Macau's casinos in July 2025 is attributed to a rise in casino games, lotteries, and gambling trends, furthering the growth in the gaming revenue. The strong entertainment offerings, increased visitor arrivals, and robust VIP gambling activity are cited as significant factors contributing to the expansion of casino-gambling activities in Macau.

Monthly gaming revenue in Macau surges 19% year-on-year, reaching US$2.73 billion in July, marking a new post-pandemic high.