Macau October casino revenue rises 15.9% to $3.01 billion, highest since 2019
Summary
Macau’s casino gross gaming revenue (GGR) rose 15.9% year-on-year in October to MOP24.09 billion (US$3.01 billion), the highest monthly total since October 2019, according to Gaming Inspection and Coordination Bureau (DICJ) data. The result was 31.7% above September and topped the previous post-pandemic record of MOP22.16 billion (US$2.77 billion) set in August. The month overcame disruptions from a Signal No.8 storm warning for Typhoon Matmo during Golden Week, with revenue recovering later as some premium players postponed visits. For the first ten months of 2025, cumulative GGR reached MOP205.43 billion (US$25.66 billion), up 8% on the same period in 2024.
Key Points
- October GGR: MOP24.09 billion (US$3.01 billion), +15.9% year-on-year.
- Month-on-month: 31.7% increase versus September 2025.
- Surpassed August’s post-pandemic high of MOP22.16 billion (US$2.77 billion).
- Achieved despite travel and tourism disruption from Typhoon Matmo (Signal No.8) during Golden Week.
- First 10 months of 2025 cumulative GGR: MOP205.43 billion (US$25.66 billion), +8% year-on-year.
- Analysts point to early-month disruption from the typhoon, Mid-Autumn Festival timing and diversion of high-end players to Singapore (Formula 1), with recovery as visits were postponed.
- Operators such as MGM China signalled confidence, citing early indicators of a strong October.
Why should I read this?
Quick and dirty: Macau just notched its best casino month since before COVID. If you follow gaming markets, operator earnings or regional tourism trends, this sums up the big shifts without you having to plough through the DICJ spreadsheets.
Context and relevance
The October result is a clear signal of Macau’s continued post-pandemic recovery and the crucial role of premium players in driving monthly revenue. It also highlights how short-term shocks — extreme weather, holiday timing and competing regional events like Singapore’s Grand Prix — can suppress early-month demand but be offset by later recoveries. For investors, operators and suppliers, the figure supports a bullish near-term outlook while underlining the market’s sensitivity to external events and regional competition.