Macau February GGR rises to $2.47bn

Revenue figures from the Gaming Inspection and Coordination Bureau Macau have highlighted a revenue of MOP 19.74bn ($2.47bn) – up by 6.8% in comparison to results from 2024.  

These latest numbers come off the back of consecutive monthly declines experienced in Macau through December and January – further representing the jurisdiction’s first positive gross gaming revenue (GGR) figure of 2025.  

Aside from the GGR figure reported for the month, cumulative gaming revenue in Macau for the year so far has now reached MOP 37.9bn, a slight 0.5% increase. Indeed, Macau’s December monthly revenue report marked the first fall year-over-year in growth (2%) in the region since 2022 and was followed by an additional fall of 5.6% in January.  

Now, the region has recovered its growth statistics by generating monthly GGR that surpasses any of that reported throughout 2023.  

As one of the two major global gambling hubs, Macau’s revenue figures are often weighed up against similar results from Nevada which is, of course, home to the city of Las Vegas. As such, recent related news saw the Nevada Gaming Control Board (NGCB) release its gaming revenue figures for the month of January last week – highlighting a revenue of $1.44bn for the month – rising by 12.54% year-over-year.  

Much like Macau, Nevada’s GGR figures have fluctuated in recent months, with these latest results marking a decrease month-over-month from the state’s record December gaming win. Indeed, Nevada’s December results saw the state’s largest-ever gaming win of $1.46bn. Despite this, Nevada’s monthly revenue figures are consistently outpaced by that of Macau’s. 

Good to know: Macau is currently in a period of diversification that seeks to enhance its pull as a global tourist destination  

Following the appointment of a new Chief Executive in Sam Hou Fai – the first Macau chief to come from the Chinese mainland – the jurisdiction passed a new illegal gambling law with stricter restrictions in October.  

This update was followed two months later by the unveiling of a number of new government officials, prior to the dip in the region’s monthly revenues which has now, following these latest results, been remedied.  

Will Underwood

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