diff --git a/libretro/Makefile b/libretro/Makefile
index 23fccc22..2d011fc2 100644
--- a/libretro/Makefile
+++ b/libretro/Makefile
@@ -546,9 +546,14 @@ ifeq ($(DEBUG), 1)
       CFLAGS += -O0 -g -DDEBUG
       CXXFLAGS += -O0 -g -DDEBUG
    endif
+else
+ifneq (,$(findstring msvc,$(platform)))
+   CFLAGS += -O2 -DNDEBUG
+   CXXFLAGS += -O2 -DNDEBUG
 else
    CFLAGS += -O3 -DNDEBUG
    CXXFLAGS += -O3 -DNDEBUG
+endif
 
    ifneq (,$(findstring msvc,$(platform)))
       ifeq ($(STATIC_LINKING),1)