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Macau has no plans to revise its MOP236bn gross gaming revenue forecast for 2026

Gaming revenue has fallen year-over-year for four consecutive months.

1 min read
macau
Key Points
Macau maintains MOP236bn (US$29.2bn) gaming revenue forecast despite recent declines
Casino revenue reached approximately MOP187.1bn in the first nine months
Chief Executive Sam Hou Fai said authorities are monitoring whether increased Golden Week visitor arrivals will support gaming revenue

Macau's Government is maintaining its full-year 2026 gross gaming revenue (GGR) forecast of MOP236bn despite four consecutive months of year-over-year declines.

Chief Executive Sam Hou Fai confirmed the position, saying cumulative gaming revenue reached approximately MOP187.1bn through September, leaving around MOP48.9bn to meet the annual estimate.

Sam acknowledged that monthly gaming revenue has recorded year-over-year declines since June, following three years of steady recovery after the COVID-19 pandemic.

Authorities are assessing whether the recent slowdown reflects temporary domestic and external factors or comparisons with relatively high revenue levels recorded in previous years. 

October remains an important period for Macau's casino sector. Sam said visitor arrivals during the Golden Week holiday increased compared with the previous year, although the Government is still evaluating whether higher tourism numbers have translated into additional gaming revenue.

Despite the recent declines, he said there are currently no plans to adjust the Government's annual GGR forecast.

Separately, Sam outlined preparations for Macau's 2027 Policy Address, which will focus on governance reform, public welfare, economic diversification and stronger connections with external markets.

The Government received 3,417 submissions during its month-long public consultation, covering 9,036 individual opinions and suggestions.

Economic priorities include advancing Macau's Third Five-Year Plan, accelerating four major development projects and strengthening integration with Hengqin.

Sam also reiterated the Government's commitment to its "1+4" economic diversification strategy, aimed at developing industries beyond gaming while maintaining stable public finances. 

The Government will continue reviewing economic conditions as it prepares next year's policy agenda.

Good to know

Macau is preparing its 2027 Policy Address, with economic diversification among its priorities

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