Macau Gaming Revenue Surges 19 Percent in June to $2.6 Billion

Macau's gaming industry experienced strong growth in mid-2025, with gross gaming revenue (GGR) reaching 21.06 billion patacas ($2.6 billion) in June, a 19% increase year-on-year, marking the second-highest monthly total of the year. This surge exceeded analyst expectations and was largely driven by entertainment events such as Cantopop superstar Jacky Cheung's concert series, which boosted the number of premium players and average wagers significantly. Despite a slight 0.6% decline from May's record GGR, the sector has shown consistent year-on-year growth for five consecutive months. From January to June, total gaming revenue rose by 4.4% compared to the previous year, approaching 79.4% of pre-pandemic 2019 levels. Analysts from Citigroup and JP Morgan forecast continued revenue growth for 2025, with Macau's gaming sector off to its best start since 2019. However, the Macau government has revised its budget revenue forecasts downward amid these developments.