Macau’s 2025 casino gross gaming revenue (GGR) is forecast to reach MOP240 billion ($29.9 billion), says the Office of the Chief Executive (CE), in the financial-year 2025 budget plan published on last Thursday, and which has been submitted to the city’s Legislative Assembly.

That would be a 31.1% rise on the MOP183.06 billion achieved in 2023, the first year of trading since pandemic-related restrictions were lifted. It would be an 82.1% recovery rate compared to the MOP292.46 billion in the pre-pandemic trading year of 2019, as per data of the local regulator.

The 2024 budget plan predicted MOP216 billion GGR for this year. The tally for the calendar year to the end of October is MOP190.14 billion. The 2025 budget would represent year-on-year growth of 11.1% from the forecast for 2024.

The 2025 budget plan estimates the Macau government will collect MOP84.0 billion in gaming taxes from the city’s six casino concessionaires for financial year 2025. That is calculated based only from the levy of the so-called “special gaming tax”, which stands at 35% of GGR for the current 10-year gaming concessions that started from January 1, 2023.

With other contributing levies for social causes, the effective tax on Macau casino GGR is 40% for the current concession term.

“It is estimated that the recovery momentum of the integrated tourism and leisure businesses for the next fiscal year [2025] will continue, with a continuous rise in inbound tourist volume, albeit their travel and consumption patterns may see changes,” the Office of the Chief Executive stated in its fiscal year 2025 budget plan.

“Integrated tourism and leisure businesses” is a term used by the authorities to indicate the casino resort sector.

The chief executive office added: “Considering all factors, the fiscal year 2025 gross gaming revenue is estimated to reach MOP240 billion. Such is the principal fiscal income that serves as a foundation for the Macau Special Administrative Government in formulating the fiscal year 2025 budget plan.”

Post the Covid-19 pandemic, Macau’s fiscal income had seen a “gradual recovery” since 2023, as economic improvement had been led by the integrated tourism and leisure sector, the document also mentioned.

For the whole of fiscal year 2024, the Macau government had forecast it would collect MOP75.6 billion in gaming taxes from the casino concessionaires, levied as special gaming tax, according to the 2024 budget plan.

The 2025 plan will be current Chief Executive Ho Iat Seng’s ultimate fiscal-year budget proposal before stepping down at the end of his five-year term.

Sam Hou Fai, most recently president of Macau’s Court of Final Appeal, the city’s most senior judicial position, is to succeed Mr Ho as the city’s leader, with a swearing-in ceremony to be held in December.

AMD, a leader in semiconductor manufacturing, has unveiled the AMD GameOn 2024, an open-for-all esports tournament for Counter-Strike 2 with a total prize pool of INR 300,000. The Main Event of the AMD GameOne 2024 is set to take place at IndiaJoy 2024 Asia’s premier media and entertainment congregation, in the HICC, Novotel, Hyderabad on Nov. 16 and 17.

Commenting on the tournament, Pramit Khanna, Channel Marketing Manager DIY and Gaming, AMD India said, “As one of the leaders in the computing space, we have been supporting India’s esports ecosystem since day 1, and the AMD GameOn 2024 is another such IP for esports enthusiasts. The open-for-all format ensures every gamer has a chance to compete in the pan-India tournament and make it to the LAN in Hyderabad. I wish the best of luck to all participants and can’t wait to welcome the four finalists in Hyderabad.”

The AMD GameOn 2024 began with the open qualifiers, where the registered teams competed for slots to the Closed Qualifiers. The Closed Qualifier, with 8 total teams, has wrapped up, confirming the four finalists for the AMD GameOn 2024 Main Event at IndiaJoy 2024 on Nov. 16 and 17 in Hyderabad. Skyesports is set to be the esports partner for the event.

The four teams are listed below. They will compete in a single-elimination bracket to determine the champions of India. Matches from the AMD GameOn 2024 Main Event will be livestreamed on the Skyesports YouTube channel.

• True Rippers

• Carnival Gaming

• Gods Reign

• Victores Sumus

Besides the esports action at the AMD booth in the IndiaJoy 2024, players will also be able to experience gaming on AMD Advantage systems, which deliver a supreme and optimized performance by combining AMD Ryzen™ CPUs, AMD Radeon™ GPUs, smart technologies, and AMD software. Therefore, AMD’s experiential zone at the IndiaJoy 2024 will be the one-stop immersive place for gamers, combining esports action and providing a hands-on gaming experience.

Shiva Nandy, the Founder and CEO of Skyesports, said, “We are thrilled to be the esports partner for AMD GameOn 2024, working once again with our anchor brand, AMD. With open qualifiers to give every gamer a chance and invited teams to ensure top-notch esports action, this tournament is a delight for all gamers. AMD has been one of the biggest supporters of esports in India over the years, and this tournament aligns with our vision of bringing Counter-Strike 2 into the spotlight ahead of Skyesports’ $1.7 million prize pool roadmap for 2025, where we will host four on-ground events across the country.”

India currently has about 500 million gamers, a number expected to grow to 730 million by 2028, with a 5-year CAGR of 10 percent, making the country the largest market by the number of gamers. Additionally, 65 percent of gamers either watch esports or compete in tournaments, per Niko Partners, with IPs like the AMD GameOn at the forefront of attracting their attention.

The second day of DreamHack 2024 x Hyderabad Comic Con, India’s largest celebration of gaming and pop culture, delivered thrilling esports action, landmark achievements, and unforgettable moments as fans turned out in large numbers at the Hitex Exhibition Centre.

Hosted by NODWIN Gaming, a leader in new-age youth entertainment, gaming, and esports this year marks the fifth anniversary of India’s biggest gaming festival. DreamHack’s legendary BYOD (Bring Your Own Device) Zone reached an unprecedented milestone, with tickets selling out for the first time ever. Gamers from across the country brought their own setups to compete and compete in titles including eFootball, THE FINALS, World Cricket Championship 3 (WCC 3), Brawlhalla, Counter-Strike 2, Spectre Divide, and many more, making the zone a hub of energy and camaraderie throughout the day.

After intense semi-final matches, Team LFO, Team Cheems, Team Payback, and AMIGOS Esports qualified for the grand finals of the OMEN VALORANT Campus Quest Season 2. Each team demonstrated exceptional strategy and team play, keeping fans on the edge of their seats.

Meanwhile, Wagh Suyog showcased remarkable talent and focus,`outmaneuvering a field of skilled competitors to win the Rapid Chess tournament and take home the INR 3 Lakh prize pool championship. His/her victory was celebrated with roaring applause, highlighting the growing appeal of chess as part of DreamHack’s diverse lineup.

In other esports action, GodLike Esports, Vibrance Esports, XLR8, and Anthem showcased their dominance on Day 2 of the Snapdragon Pro Series (Call of Duty: Mobile), while Aditya ‘The Dark Lord’ Verma emerged victorious in the Street Fighter 6 segment of KO Fight Night.

Much to the attendees’ delight KO Fight Night delivered electrifying matches in Tekken 8 and Super Mario Bros Ultimate. Players also turned out in large numbers to participate in the Retro and Board Games tournaments, adding to the vibrant gaming atmosphere.

Following suit to the electric atmosphere of DreamHack, the second day of Hyderabad Comic Con was a vibrant celebration of creativity, fandom, and entertainment. Fans were enthralled by special sessions from Maruti Suzuki Arena, Crunchyroll, and Yamaha Racing, each offering unique insights and experiences for attendees.

Attendees were also treated to comic book debuts, including The Warrior God and Abba Aari (the sequel to Mard Bann), alongside the cover launch of Weapons of Mass Extinction: Stage 1 – Blood of The Last Asuran.

On the other hand, music enthusiasts danced to an electrifying DJ set by Karan Kanchan, while rising comedy star Ravi Gupta (a.k.a. Shudh Desi Comic) had audiences in splits with his witty, desi humour.

The Meet & Greet Zone today featured 8Bit Creatives’ popular gaming personalities, such as Raj Varma (Snax), Payal Dhare (Payal Gaming), Parv Singh (Regaltos), Salman Ahmad (8bit Mamba), Monika Jeph (Sherlock Live), Nishant Williams (Willy Gamingg), Mithul Nayak (Binks), Dhwani Bhatt (Pinkcess), and Dhruv Sangwan (Dhruv), who connected with fans through their stories, popular slangs and gaming insights.

Just like yesterday, the Hyderabad Comic Con Cosplay Contest stole the show, with hundreds of cosplayers competing for a prize pool exceeding INR 5 Lakhs, including a daily grand cash prize of INR 50,000. The city’s best cosplayers battled it out to represent Hyderabad at the Indian Championship of Cosplay 2025 Qualifiers, aiming for a daily reward of INR 1.25 Lakhs.

Day 3 of DreamHack 2024 x Hyderabad Comic Con is set to be a spectacular finale, packed with more comic book launches, special sessions, and engaging fireside chats. As the event reaches its climax, SPS, OMEN Campus Quest Season 2, PAN FEST, KO Fight Night, Blitz Chess tournament, and the BYOD and retro tournaments will all wrap up with their much-anticipated grand finals.

Two critically acclaimed stand-up comedy stars, Syed Bashaar, and Harsh Gujral, will bring the laughs, while Geek Fruit will take everyone on a nostalgic journey with iconic theme songs.

For further updates and information regarding DreamHack x Hyderabad Comic Con 2024, follow NODWIN Gaming & DreamHack India on social media. Get your tickets now to experience the best of both worlds and experience the excitement of DreamHack India 2024 x Hyderabad Comic Con firsthand!