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Macau gaming tax revenue rises 13% to $6.34bn for H1 2026

Gaming taxes generated nearly 86% of the Government’s total revenue, helping Macau record a MOP13.28bn fiscal surplus by the end of June.

2 min read
macau-tax
Key Points
Gaming tax collections reached approximately 55% of the Government’s full-year target
June receipts increased 13% from the previous month to nearly MOP8.67bn
First-half casino GGR rose 6.8% despite a year-on-year decline for June

Macau collected MOP51.19bn ($6.34bn) in gaming tax revenue during the first half of 2026, an increase of 13% from the corresponding period last year, according to central account data published by the Financial Services Bureau.

The six-month total represented around 55% of the MOP92.7bn in gaming tax revenue budgeted by the Macau Government for the full year.

June collections reached nearly MOP8.67bn, rising 13% from May. Gaming tax receipts can differ from casino gross gaming revenue reported for the same month because taxes may be recorded after the underlying gaming activity takes place.

Total public revenue stood at MOP59.54bn during the first half, with gaming taxation accounting for almost 86% of the amount. Government expenditure totaled MOP46.26bn, resulting in a fiscal surplus of MOP13.28bn at the end of June.

The figures demonstrate the continuing importance of casino revenue to Macau’s public finances. Gaming has historically supplied around four-fifths of Government tax income, leaving fiscal performance closely connected to visitor numbers and spending at the city’s casino resorts. 

Macau’s six concessionaires pay a 35% special gaming tax on casino GGR. Additional mandatory contributions fund areas including tourism promotion, social security and cultural development, taking the effective fiscal burden to approximately 40%.

The current 10-year concessions began in January 2023 and require Galaxy Entertainment, Melco Resorts, MGM China, Sands China, SJM Holdings and Wynn Macau to invest in non-gaming projects. 

These commitments cover entertainment, conventions, overseas tourism promotion and other activities intended to reduce the economy’s reliance on casinos.

The Government based its 2026 budget on annual casino GGR of MOP236bn. First-half GGR reached MOP126.9bn, placing the market above half of that projection after six months, although the pace of growth weakened at the end of the period.

Macau’s June casino GGR fell 12.1% year-on-year to MOP18.52bn, marking the first monthly decline of 2026. Stronger results earlier in the year kept first-half GGR 6.8% above the corresponding 2025 level.

Good to know

Macau had collected approximately 55.2% of its budgeted annual gaming tax revenue by the end of June

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