Macao’s casino industry generated 21.06 billion patacas (US$2.06 billion) in gross gaming revenue (GGR) in June, according to the latest data from the Gaming Inspection and Coordination Bureau (known by its Portuguese initials DICJ).
This figure represents a decrease of 0.61 percent against the 21.19 billion patacas (US$2.62 billion) registered in May, which saw Macao’s GGR exceed 20 billion patacas (US$2.47 billion) for the first time in 2025. Year-on-year, it marks a jump of 19 percent over the 17.69 billion (US$2.18 billion) from June 2024.
The weaker month-on-month GGR performance in June is unsurprising, as that month is generally a slow season for Macao’s tourism industry due to the absence of public holidays and poorer weather.
Despite this, analysts noted earlier that the hosting of Hong Kong singer Jacky Cheung’s concerts at Galaxy Arena has led to “significant improvement in foot traffic” in the casinos.
[See more: Citigroup is bullish on Macao’s GGR recovery]
In the first half of this year, Macao’s GGR totaled 118.76 billion patacas (US$14.69 billion). This figure averages to roughly 19.79 billion patacas ($US2.45 billion) per month – slightly below the 20 billion pataca (US$2.47 billion) threshold needed to reach the government’s 2025 original GGR target of 240 billion patacas (US$29.7 billion).
Earlier last month, the Macao government downgraded its 2025 GGR forecast to 228 billion patacas (US$28.2 billion) in light of the lower than expected casino monthly earnings so far this year.
In April, Macao chief executive Sam Hou Fai warned that if the monthly GGR were to fall below 15 billion patacas (US$1.85 billion), the city would face a budget deficit.
While Macao’s GGR has fallen below expectations, Citigroup remains optimistic that it will witness a year-on-year rise of 6 percent in the second half of this year.
