In May 2025, Macau's gaming industry revenues surpassed pre-pandemic levels
The surge in revenue was particularly pronounced during the first week of May, when nearly 850,000 tourists visited Macau, leading to daily casino earnings exceeding 1 billion patacas (about $127 million).
May's financial results represent the highest since the pandemic began, bolstered by the opening of the Capella hotel within Galaxy Macau. This new five-star hotel, recognized by Forbes, attracted a significant influx of VIP clients. Consequently, during the third week of May, the average daily revenue reached 686 million patacas (approximately $85 million).
Analysts from Citi and HSBC noted that the launch of Capella revitalized premium activity and resulted in higher-than-expected winnings in VIP rooms, ranging from 3.5% to 3.7%. This aligns with Macau's strategy to diversify its market and attract affluent visitors.
Since the beginning of 2025, Macau's gaming industry has generated 97.7 billion patacas (around $12 billion), with an average monthly revenue of 19.54 billion patacas (approximately $2.4 billion).
In comparison to other gaming capitals, Macau is demonstrating a robust recovery. For instance, Las Vegas reported a 1.1% decline in revenues in March 2025. In contrast, Macau's casinos have shown consistent monthly growth, reaffirming the city's status as a leading player in the global market.
It is worth noting that Macau's gaming industry experienced growth in the mass market segment during the first quarter of 2025.
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