Macau’s October Gaming Revenue Hits Record $3 Billion Post-Pandemic

The gaming industry in Macau has reached new heights, with October 2025 reporting a stunning revenue of MOP24.09 billion (approximately US$3 billion). This marks a significant milestone as the highest monthly revenue since the onset of the pandemic.

Record Gaming Revenue Post-Pandemic

October’s revenue surpassed the previous record of MOP22.16 billion (US$2.77 billion), which was only achieved two months earlier in August. This 15.9 percent increase compared to October 2024 highlights a robust recovery for the gaming sector.

Golden Week Celebrations Drive Growth

The surge in gaming revenue can be attributed to the increased visitor numbers during the Golden Week celebrations. Despite the challenges posed by Typhoon Matmo, over 1.14 million visitors flocked to Macau from October 1 to 8, averaging around 143,000 daily.

Non-Gaming Attractions Enhancing Visitor Experience

• Operators believe that the focus on non-gaming experiences has attracted diverse tourist segments.
• These initiatives have led to a more dynamic entertainment atmosphere beyond traditional gaming.

Year-to-Date Performance and Future Outlook

As of October 2025, the accumulated gross gaming revenue reached MOP205.43 billion (US$25.64 billion), reflecting an 8 percent year-on-year increase. However, this is still 16.7 percent lower than the same period in 2019, indicating that full recovery is ongoing.

Expectations for Q4 and Beyond

There is growing optimism among operators and market analysts that the momentum from October will lead to continued growth in the fourth quarter. December, known for increased travel and spending, is anticipated to see further boosts in gaming revenue.

A Sustainable Future for Macau’s Gaming Industry

This recent economic rebound illustrates a successful shift toward a more sustainable tourism-oriented model, prioritizing mass-market gaming alongside diverse entertainment options. The integration of resorts as key players in the leisure sector marks a transformative period for Macau.

With innovations and new facilities aimed at both casual visitors and high-end guests underway, Macau is well-positioned for continued recovery and growth in the gaming industry. Easing travel restrictions and evolving consumer behaviors further enhance the potential for a prosperous end to the year.