Macau July GGR Falls 8.4% Despite Monthly Recovery

Macau’s gross gaming revenue (GGR) reached MOP20.26 billion (approximately US$2.51 billion) in July, representing an 8.4% decline compared with the same month last year, according to figures released by the Gaming Inspection and Coordination Bureau (DICJ).

Despite the annual decline, July delivered a stronger result than June, and Macau’s cumulative gaming revenue for 2026 continues to exceed last year’s performance.

Revenue Improves Compared to June

By the end of July, Macau’s casino industry had generated MOP147.16 billion in total GGR for 2026, placing the market 4.4% ahead of the same period in 2025.

On a monthly basis, July revenue increased 9.4% from MOP18.52 billion recorded in June. Industry analysts had previously described June as a relatively soft month, with July showing signs of improving demand.

Earlier market commentary suggested that part of June’s weaker performance was influenced by the 2026 FIFA World Cup, which took place in North America between 11 June and 19 July and diverted some consumer spending away from Macau’s casinos.

Gaming Activity Strengthened After the World Cup

In a recent report, Citi noted that Macau’s average daily GGR rose by 9% during the second full week of July compared with the first week of the month, indicating that the impact of the World Cup on gaming demand gradually eased.

MGM Resorts International President and CEO Bill Hornbuckle also said during the company’s second-quarter earnings call that gaming demand in Macau had started to recover before the tournament concluded on 19 July.

The data and industry commentary suggest that the World Cup’s effect on Macau’s gaming market was temporary, with activity improving as the event came to an end.

Typhoons Also Affected Tourism

Macau also experienced weather-related disruptions during July as Typhoon Maysak and Typhoon Noul affected the region.

Although authorities issued only No.3 storm signals, below the level that triggers major transport shutdowns, Typhoon Noul disrupted flights at Macau International Airport and affected travel links with Hong Kong. Some ferry services connecting Macau with Guangdong Province were also suspended.

These travel interruptions created additional short-term challenges for visitor arrivals from two of Macau’s key tourism markets. Nevertheless, July’s gaming revenue still exceeded the previous month’s result.

Second Half Begins on Positive Footing

With the July figures now reported, Macau enters the second half of 2026 with cumulative gaming revenue still ahead of last year despite fluctuations caused by external events.

The latest results highlight how major sporting tournaments and weather disruptions can temporarily influence monthly casino performance, while the broader recovery trend in Macau’s gaming sector continues.