• 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 govt intake from gaming tax drops 30 pct in Jan

Feb 17, 2015 Newsdesk Latest News, Macau, Top of the deck  


Macau govt intake from gaming tax drops 30 pct in Jan

The Macau government collected a total of MOP8.49 billion (US$1.06 billion) in direct taxes from gaming in January, down by 29.7 percent year-on-year, according to data disclosed on Monday by Macau’s Financial Services Bureau.

Overall, the figures show a 27.5 percent year-on-year decrease in government revenue for January. The total revenue for last month was MOP10.50 billion, about MOP3.99 billion less than that of a year ago.

Direct taxes from gaming brought in 80.8 percent of the Macau government’s total revenue in January.

Due to the decline in revenue, the Macau government surplus fell in the first month of 2015. The surplus in January was MOP8.31 billion, down by 34.1 percent from last year’s MOP12.61 billion.

The government surplus dropped by 6.2 percent in full-2014 from the previous year, according to official data. Total government revenue last year reached MOP156.07 billion, a slight increase of 0.4 from 2013.

The growth in direct taxes from gaming slowed to 1.7 percent last year from 18.5 percent in 2013. Direct taxes from gaming accounted for 83.1 percent of the Macau government’s total revenue in 2014.

The lacklustre performance is a consequence of declining gross gaming revenue (GGR) in the city.

The Macau government levies a special gaming tax on casino GGR at the rate of 35 percent. It also collects about 4 percent of the gross in indirect taxes for social and promotional purposes, as well as a levy on each gaming machine, live dealer table and VIP room.

Macau’s casinos have seen eight consecutive months of declines in gaming revenue since June last year, which analysts have blamed on a combination of supply side factors and demand side ones. They include tighter liquidity conditions for the credit-issuing junkets, a reduction in the number of transit visas available to high rollers and the crackdown on corruption in mainland China.


  • tweet
Related articles
  • CNY may deliver 50pct pre-Covid mass GGR in Macau: JPM
    CNY may deliver 50pct pre-Covid mass...

    Jan 25, 2023  

  • Macau mass market over 79pct of 4Q casino GGR: govt
    Macau mass market over 79pct of 4Q...

    Jan 16, 2023  

More news
  • Gaming-related crime in Macau down 30pct in 2022: police
    Gaming-related crime in Macau down...

    Feb 01, 2023  

  • Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook
    Donaco posts US$1.3mln 4Q EBITDA, flags...

    Jan 31, 2023  


Latest News

Gaming-related crime in Macau down 30pct in 2022: police

Gaming-related crime in Macau down 30pct in 2022: police

Feb 01, 2023  

Macau recorded 965 “gaming-related” crimes in full-year 2022, down 29.7 percent on the 1,372 identified in the previous year, according to the latest statistics published on Tuesday by...
Read More
Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook

Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook

Jan 31, 2023  

Tak Chun execs knew illicit to settle proxy in Macau: trial

Tak Chun execs knew illicit to settle proxy in Macau: trial

Jan 31, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Momentum is expected to grow as mainland China recently reopened its borders, and this presents a substantial growth potential for us as historically a large portion of our clientele came from China”

Porntat Amatavivadhana

Non-executive chairman of Donaco International



Most Popular

  • Available Macau casino tables busy at tail of CNY holsAvailable Macau casino tables busy at tail of CNY hols January 27, 2023
  • Almost half million visitors to Macau for 7 days of CNY holsAlmost half million visitors to Macau for 7 days of CNY hols January 30, 2023
  • Macau visitor momentum kept for post CNY weekendMacau visitor momentum kept for post CNY weekend January 30, 2023
  • Macau CNY mass GGR maybe 60pct plus of CNY 2019: JPMMacau CNY mass GGR maybe 60pct plus of CNY 2019: JPM January 31, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us