Macau Gaming Tax Revenue Hits $1.12 Billion In May

Macau still gets most of its public money from casino gaming, and the latest tax data shows how central the sector remains. The city collected MOP7.65 billion, or about $1.12 billion, in gaming tax revenue in May, according to the Financial Services Bureau.

Good to know

• Macau collected MOP7.65 billion, or about $1.12 billion, in May gaming tax revenue.
• Gaming taxes reached MOP42.52 billion across the first five months of 2026, up 21.9% year on year.
• Casino taxes made up nearly 87.5% of Macau current government revenue through May.

Casino Taxes Still Drive Macau Public Revenue

Gaming tax revenue fell month on month in May, but the year to date total stayed well ahead of last year. May revenue was 15.7% below the MOP9.07 billion recorded in April, based on Financial Services Bureau data.

The five month tally reached MOP42.52 billion. That represented almost 46.0% of the Macau government full year gaming tax forecast of nearly MOP92.53 billion.

Macau current revenue stood at MOP48.62 billion for the first five months of the year. Gaming taxes supplied nearly 87.5% of that amount, keeping casino revenue at the centre of the city fiscal model.

Under the 10 year gaming concession system that started on January 1, 2023, Macau applies an effective 40% tax rate on casino gross gaming revenue. That framework covers the six concessionaires operating in the city and remains the main source of public income.

May Drop Does Not Tell The Whole Story

The May tax figure should not be read as a direct match for May casino GGR. Macau tax receipts and casino gross gaming revenue do not move in perfect sync because tax payments usually reach the government after operators first record gaming revenue.

That delay can make a single month look weaker or stronger than the gaming floor result for the same calendar period. For a clearer view, the year to date tax number gives a better signal than one month alone.

The broader trend still points to stronger public gaming income in 2026. Macau had already collected MOP34.87 billion in gaming tax revenue through April, up 16.9% year on year, before the May tally lifted the total to MOP42.52 billion.

Macau collected MOP94.9 billion in gaming tax revenue in 2025, beating the government budget for that year, according to Financial Services Bureau figures reported by Inside Asian Gaming.

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