Growing amounts of tax revenue from the city’s gaming operators is replenishing the government’s coffers.
gaming taxes
Gaming tax represents almost 80 percent of the current revenue generated for the government between January and May 2023.
New figures show that gaming taxes accounted for more than 75 percent of the Macao government’s total revenue for the first four months of 2023.
The Macao government’s income from direct gaming taxes dropped 74.1% year-on-year to MOP 24.3 billion (US$3.05 billion) in the first 10 months of the year.
The government’s receipts from gaming taxes fell 47.9% year-on-year to MOP 20.5 billion (US$2.56 billion) in the first four months of the year, the Financial Services Bureau (DSF) announced today.
According to data from the Financial Services Bureau (DSF), Macau made MOP 7.3 billion (US$907.3 million) from gaming taxes in January. The amount represents an increase of 7.7 percent year-on-year, compared to the same month in 2016.
The Macau government’s receipts dropped 32.3 percent year-on-year to 72.7 billion patacas in the first eight months of the year, the Finance Services Bureau (DSF) announced on Monday. The government’s income from direct gaming taxes fell 35.5 percent to 58.58 billion patacas. Gaming tax payments accounted for 80.6 percent of the government’s total revenue between […]