Macau GGR falls 10% year-on-year to MOP21.68 billion in October 2026, fifth straight monthly decline
Macau's casinos generated MOP21,680 million in gross gaming revenue in October 2026, down 10.0% from MOP24,086 million a year earlier, according to the Gaming Inspection and Coordination Bureau (DICJ). Revenue rose about 20.0% from September, and the January–October total of MOP208,796 million was 1.6% above the same period of 2025.

Overview
- October 2026 GGR was MOP21,680m, down 10.0% year on year (DICJ).
- It was the fifth straight month below the prior-year level.
- Revenue rose about 20% from September; daily average about MOP699m (our calculation).
- Jan–Oct GGR was MOP208,796m, up 1.6%.
- June–October combined was about 6.8% below 2025 (our calculation).
Macau's gross gaming revenue (GGR) was MOP21,680 million (about US$2.7 billion) in October 2026, a 10.0% decline from MOP24,086 million in October 2025, according to the monthly table published on November 1 by the Gaming Inspection and Coordination Bureau (DICJ).
The year-on-year fall was the second-largest of 2026 after June (-12.1%), and October was the fifth consecutive month with lower revenue than a year earlier. Cumulative GGR for January to October reached MOP208,796 million, up 1.6% from MOP205,427 million in the same period of 2025, according to the DICJ.
October against September and October 2025
October revenue was about 20.0% higher than September's MOP18,063 million (our calculation). Adjusting for the different number of days, average daily GGR was roughly MOP699 million in October, against about MOP602 million in September and about MOP777 million in October 2025 (our calculation).
| Period | GGR (MOP million) | Change (our calculation) |
|---|---|---|
| October 2026 | 21,680 | — |
| September 2026 | 18,063 | October vs September: +20.0% |
| October 2025 | 24,086 | October vs October 2025: -10.0% (DICJ: -10.0%) |
| Average daily GGR, October 2026 | ≈699 | vs ≈602 in September 2026 and ≈777 in October 2025 |
| January–October 2026 | 208,796 | vs 205,427 in Jan–Oct 2025: +1.6% (DICJ) |
Source: DICJ monthly gross gaming revenue table. Daily averages and the month-on-month change are our calculations from the official monthly figures.
A year split in two
The DICJ figures show the first five months of 2026 well ahead of 2025: cumulative GGR to the end of May was MOP108,379 million, up 10.9% year on year. Each month from June to October then came in below the same month of 2025. Combined GGR for June to October 2026 was MOP100,416 million, against MOP107,720 million a year earlier, a decline of about 6.8% (our calculation).
| Month (2026) | GGR (MOP million) | Same month 2025 | Year-on-year (DICJ) |
|---|---|---|---|
| January | 22,633 | 18,254 | +24.0% |
| February | 20,627 | 19,744 | +4.5% |
| March | 22,612 | 19,659 | +15.0% |
| April | 19,894 | 18,858 | +5.5% |
| May | 22,611 | 21,193 | +6.7% |
| June | 18,522 | 21,064 | -12.1% |
| July | 20,260 | 22,125 | -8.4% |
| August | 21,891 | 22,156 | -1.2% |
| September | 18,063 | 18,289 | -1.2% |
| October | 21,680 | 24,086 | -10.0% |
Against 2019
The DICJ's 2019 table puts October 2019 GGR at MOP26,443 million and January–October 2019 at MOP246,740 million. On those figures, October 2026 revenue was about 82% of the pre-pandemic October level, and the 2026 year-to-date total about 85% of the same period of 2019 (our calculation).
October's figures follow the six concessionaires' pledge of MOP9 billion to a government guidance fund, counted toward their non-gaming investment commitments, and Las Vegas Sands' third-quarter results for Sands China.
The DICJ publishes GGR in millions of patacas; it lists the conversion rate as HK$1 = MOP1.03.
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