Macau reports gaming revenue declines for March

According to the Gaming Inspection and Coordination Bureau of Macau, gaming revenue in the region hit MOP19.66 billion ($2.45 billion) in March, showing an 8% increase year-on-year. However, compared to February results, the numbers show a 0.4% decline. Additionally, at the end of March, Macau also reported a casino tax revenue decline for early 2025. 

According to the Gaming Inspection and Coordination Bureau of Macau, gaming revenue in the region hit MOP19.66 billion ($2.45 billion) in March, showing an 8% increase year-on-year.

However, compared to February results, the numbers show a 0.4% decline. Additionally, at the end of March, Macau also reported a casino tax revenue decline for early 2025.

The slower March results have raised concerns about whether Macau can meet its 2025 gaming revenue target of MOP240 billion ($29.9 billion), a 5.8% year-on-year growth projection. Some analysts are adjusting their expectations. U.S. investment bank Jefferies trimmed its 2025 forecast by 2%, aligning it with the government’s conservative outlook.

Meanwhile, research firm CreditSights expects Macau’s gaming sector to stabilize in 2025 after a sharp post-pandemic rebound in 2024.

FAQs

Is gambling legal in Macau?

Macau is the only place in China where gambling is legal.

What is the legal gambling age in Macau?

The legal gambling age in Macau is 21.