The Macau government collected nearly MOP88.13 billion (US$11.0 billion) in fiscal revenue from gaming in full-year 2024, 35-percent higher than the MOP65.26 billion collected in 2023, according to the latest data released by the city’s Financial Services Bureau.
The 2024 tally from gaming taxes was 5.4 percent higher than the Macau government’s forecast at nearly MOP83.61 billion.
Under Macau’s 10-year gaming concession system that came into effect on January 1, 2023, the effective tax on casino gross gaming revenue (GGR) is 40 percent.
The tax-take figures in a given calendar period and the city’s casino GGR in such a time frame are not directly comparable for a number of reasons.
They include the fact that there is typically a delay between the point where GGR is recorded in Macau casino operations and the point at which tax is registered by the Macau government as having been paid on such play.
In 2019 – the immediate trading year before the onset of the Covid-19 pandemic – the Macau government had collected MOP112.71 billion in revenue from gaming taxes, according to the city’s fiscal budget execution report for that year. That figure is 21.8 percent higher than the MOP88.13 billion the government collected in 2024.
According to the government’s 2025 budget plan, revenue from gaming taxes is anticipated to reach nearly MOP93.12 billion this year. The take for the first month this year, at just under MOP7.19 billion, represents 7.7 percent of the government’s forecast.
