Macao collects US$10.09bn in gaming taxes in first 10 months of 2026
Financial Services Bureau reports tax take covers most of annual forecast
Key Takeaways
- The government of Macao collected MOP81.53 billion (US$10.09 billion) in gaming taxes in the first 10 months of 2026, up 5.2% year-on-year.
- October revenue was MOP6.96 billion, down 17.0% from September.
- Under the 10-year concession system effective 1 January 2023, the effective tax on casino GGR is 40%.
- Taxes from gaming made up 84.1% of government current revenue in the 10 months to 31 October and equal 88.1% of the 2026 tax forecast.
The government of Macao collected MOP81.53 billion (US$10.09 billion) in gaming tax receipts in the first 10 months of 2026, the Financial Services Bureau reported on 11 November 2026. That sum represented a 5.2% increase versus the same period in 2025.
Monthly detail and tax structure
October receipts were just over MOP6.96 billion, a 17.0% decline from September, when MOP8.39 billion was recorded. Under the 10-year casino concession system effective from 1 January 2023, the effective levy on gross gaming revenue (GGR) of casinos is 40%.
Comparison with forecasts and weight in public accounts
The Financial Services Bureau said gaming taxes accounted for 84.1% of the nearly MOP96.94 billion in government current revenue in the 10 months to 31 October. The government expects to collect just over MOP92.53 billion in gaming taxes in 2026; the first 10 months' take equals 88.1% of that forecast.
The Executive projects GGR will reach MOP236 billion in 2026; as at 31 October the year-to-date total was just under MOP208.80 billion, about 88.5% of the government estimate.
“There are currently no plans to adjust the annual GGR forecast,” Chief Executive Sam Hou Fai said in October.
The timing difference between when operators record GGR and when the government receives tax payments explains why the receipts and GGR figures are not directly comparable.
Frequently Asked Questions
How much did Macao collect in gaming taxes in the first 10 months of 2026?
Macao collected MOP81.53 billion, equivalent to US$10.09 billion, in gaming taxes in the first 10 months of 2026, according to the Financial Services Bureau.
What is the effective tax rate on casino GGR in Macao?
The effective levy on gross gaming revenue (GGR) in Macao is 40% under the 10-year concession system that took effect on 1 January 2023.
How does the collection compare with Macao's 2026 annual forecast?
The first 10 months' collections equal 88.1% of the government's 2026 gaming tax forecast of MOP92.53 billion.
What was year-to-date GGR at 31 October 2026 and how does it compare with the forecast?
Year-to-date GGR was just under MOP208.80 billion at 31 October 2026, about 88.5% of the government's MOP236 billion projection for 2026.
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About the author
Miguel Sandoval
Regulatory Affairs Correspondent
Miguel Sandoval tracks gambling legislation, licensing, and regulator enforcement — from Spain's DGOJ and the Latin American authorities to the UKGC, the MGA, and the state-by-state map in North America. The reports answer three questions precisely — what changed, where, and who it affects — with jurisdictions, dates, and penalties cited exactly as published. Operators and compliance officers read Miguel Sandoval to know which rulebook moved before their next meeting.
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