Macau casinos generated gross gaming revenue (GGR) of MOP18.06 billion (US$2.23 billion) in September 2026. The result marked the fourth consecutive monthly decline year-over-year and suggests the general softness in demand from premium and high roller gamblers is persisting in the world’s richest casino market.

Macau’s gaming regulatory division, the Gaming Inspection and Coordination Bureau, reported today (Oct. 1) that revenue from “games of fortune” was 1.2% lower in September 2026 than it was in September 2025. After starting the year strong, with January through May GGR 10.9% higher than the prior year, China’s casino enclave has stumbled for four straight months.

September was Macau’s lowest monthly GGR mark this year, surpassing June’s result of MOP18.52 billion (US$2.29 billion).

Through three quarters of 2026, Macau GGR totaled MOP187.11 billion (US$23.15 billion). The strong start kept year-to-date casino revenue 3.2% higher, but the final quarter will determine whether Macau can post a positive full-year outcome.

September is traditionally among the slowest months in Macau, as summer vacations wrap and consumers put travel on hold before the Oct. 1-7 Golden Week holiday, which celebrates the founding of the People’s Republic of China.

September 2026, however, underperformed against already meek expectations.

In early September, analysts projected that September would be considerably better than September 2025, with GGR forecasts as high as 12% year-over-year growth. As the month progressed and floor checks reported lackluster play, analysts scaled back their estimates to marginal growth.

The actual result still came up short, with weaker-than-expected premium mass table play largely blamed for the disappointing revenue.