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Macau set a record with 40.06 million visitors in 2025, driven by mainland tourists, as its casino revenue surged past forecasts.
Macau recorded a record 40.06 million visitors in 2025, surpassing pre-pandemic levels, while births hit a new low of 2,871.
The casino industry posted MOP247.4 billion in gross gaming revenue, exceeding forecasts and marking strong recovery, driven by mainland Chinese tourists and robust demand.
Despite a weaker December, analysts project 2026 revenue near MOP260 billion, though the government forecasts lower growth at MOP236 billion, sparking criticism.
Tourism surged during holidays, with record arrivals on New Year’s Day, while retail and hotel sectors remain optimistic.
Meanwhile, Macau advanced governance and international ties, hosting major events and expanding economic diversification efforts.
Macao estableció un récord con 40.06 millones de visitantes en 2025, impulsado por turistas del continente, ya que sus ingresos por casinos superaron las previsiones.