Macau casino revenue to rise by over 13% in September, analysts predict

August was the strongest month since the Covid-19 pandemic.

Macau.- Analysts forecast continued strength in Macau’s gross gaming revenue (GGR) for September 2025 to around US$2.45bn. August GGR hit MOP22.16bn (US$2.76bn), the highest monthly figure since January 2020, according to the city’s Gaming Inspection and Coordination Bureau.

Deutsche Bank Securities Inc. projects a 13.6 per cent year-on-year rise for September, above the industry consensus of 10 per cent. Analyst Steve Pizzella noted that historical trends suggest September GGR could climb as high as 17.5 per cent year-on-year. However, Seaport Research Partners’ Vitaly Umansky cautioned that adverse weather, including typhoons, could hold back numbers, as seen in September 2024 when storms impacted travel.

The positive outlook extends beyond September, with Seaport forecasting 13.5 per cent GGR growth for the second half of 2025, compared to 4.4 per cent in the first half. Analysts note increased marketing efforts, relaxed restrictions on money outflow and strong visa issuance. A potential U.S.-China trade deal could boost consumer confidence and travel to Macau, particularly aiding the lagging base mass market.

August was the third consecutive month of double-digit GGR growth in 2025, driven by strong visitation and entertainment events. Year-to-date GGR is at 82 per cent of 2019 levels, with premium mass GGR 50 per cent above 2019, though base mass remains 10 per cent below pre-pandemic figures.

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See also: Macau GGR reaches highest monthly total since Covid-19 pandemic

August was the strongest month since the Covid-19 pandemic. Macau.- Analysts forecast continued strength in Macau’s gross gaming revenue (GGR) for September 2025 to around US$2.45bn. August GGR hit MOP22.16bn…