• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau gaming tax revenue US$711mln for Jan and Feb

Mar 25, 2022 Newsdesk Latest News, Macau, Top of the deck  


Macau gaming tax revenue US$711mln for Jan and Feb

The Macau government collected nearly MOP5.73 billion (US$711.18 million) in fiscal revenue from direct taxes on gaming, in the first two months of this year, according to the latest data released by the city’s Financial Services Bureau.

The February tally of MOP2.47 billion was down nearly one-quarter relative to the MOP3.26-billion in gaming taxes payable by the industry for January.

The aggregate take for the first two months was down 9.4 percent year-on-year.

According to the government’s budget plan, revenue from direct taxes from gaming has been forecast to reach just under MOP49.76 billion in 2022.

Macau charges an effective tax rate of 39 percent on casino GGR – with 35 percent via direct government tax, and the remainder via a number of levies to pay for a range of community good causes.

Macau’s casino gross gaming revenue (GGR) of the first two months of this year stood at MOP14.10 billion, down 8.0 percent on the first two months of 2021.

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.


  • tweet
Related articles
  • Macau satellites seek biz model leeway, says Ponte 16 boss
    Macau satellites seek biz model leeway,...

    May 26, 2022  

  • Macau unemployment an instability factor to security: govt
    Macau unemployment an instability...

    May 24, 2022  

More news
  • Macau hints at performance element for satellite ops
    Macau hints at performance element for...

    May 27, 2022  

  • Off timing in cash-strapped SJM buying Oceanus site: JPM
    Off timing in cash-strapped SJM buying...

    May 27, 2022  


Latest News

Macau hints at performance element for satellite ops

Macau hints at performance element for satellite ops

May 27, 2022  

The Macau government hinted on Friday it might under the proposed update to the city’s gaming framework, permit some kind of performance-related system – linked to “turnover”...
Read More
Off timing in cash-strapped SJM buying Oceanus site: JPM

Off timing in cash-strapped SJM buying Oceanus site: JPM

May 27, 2022  

RWS non-gaming offer Minion Land pledged to open 2024

RWS non-gaming offer Minion Land pledged to open 2024

May 27, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The decision of Pagcor finding Suncity Group Manila and Mr Chau unsuitable is currently in effect”

Philippine Amusement and Gaming Corp



Most Popular

  • Alvin Chau indicted for illegal gaming, money launderingAlvin Chau indicted for illegal gaming, money laundering May 26, 2022
  • Marina Bay Sands to hire up to 2,000 workers: firmMarina Bay Sands to hire up to 2,000 workers: firm May 26, 2022
  • SJM to acquire Oceanus building for US$243mln in bondsSJM to acquire Oceanus building for US$243mln in bonds May 27, 2022
  • Macau satellites seek biz model leeway, says Ponte 16 bossMacau satellites seek biz model leeway, says Ponte 16 boss May 26, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us