written and last updated by
Sam Smith at
12 Nov 2025
Journalist, Editorial Department
Macau's casino sector is showing a resilient positive trend. According to investment banks, the expected gross gaming revenue (GGR) for November is projected to reach 20.5 billion patacas (approximately 208.5 billion rubles). This optimistic forecast is supported by the current stability of key performance indicators.
The gaming industry metrics remain robust. Despite seasonal factors, the slight decline in revenue during the first nine days of the month was significantly milder than conservative expert expectations. Analysts at HSBC Research highlight the stability of the average daily gross gaming revenue, which stands at 711 million patacas (around 7.23 billion rubles).
A key driver of the stabilization in Macau's casino financials continues to be a steady influx of tourists. In the third quarter, the total number of visitors to gaming establishments increased by 14% year-on-year, with the number of guests from mainland China rising by 17%.
Notably, the share of day-trippers has surged to 58% of the total tourist flow, indicating the growing popularity of the destination.
Analysts at Citigroup point out that the successful large-scale Waterbomb Macau festival held over the weekend provided an additional positive boost for the gaming industry. Experts maintain a conservative yet stable forecast for November, projecting GGR at 20.5 billion patacas (208.5 billion rubles). This aligns with a steady average daily figure of 671 million patacas (approximately 6.82 billion rubles) for the remainder of the month, reflecting a balanced development of the gambling market in the region.
It is worth noting that in September, Macau's casino revenue increased by 6% compared to the previous year.
