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Daily Asia Gaming eBrief: Thailand proposes 17% gaming tax

Thailand is making a significant stride towards gaming legalization.

India to review new online gaming tax after March

Indian revenue secretary Sanjay Malhotra announced that the Goods and Services Tax (GST) Council will reassess the decision to impose a 28 percent taxon the full face value of online gaming, but only after March 31.

Macau’s gaming tax revenue hits 100 percent of FY23 budget forecast by October

Macau’s revenue from gaming taxes has already reached 101.4 percent of the government’s budget forecast in the ten months through October.

Macau’s gaming tax revenue reaches 90 percent of the budget forecast through September

Macau's revenue from gaming taxes has already reached 90 percent of the government's budget forecast in the nine months through September.

Indian government clarified that online gaming tax will not be applied retrospectively

Goods and service tax being levied on online gaming companies will not be applied retrospectively, Indian authorities clarified.

Macau gaming tax revenue 77 percent of the budget forecast through August

Macau revenue from gaming taxes has reached 76.9 percent of the government’s budget forecast in the eight months through August.

India tax council to decide on new online gaming tax on Aug 2

India's Goods and Services Tax (GST) Council will meet on August 2 to decide on a 28 percent tax on funds that online gaming companies and casinos collect from customers, Reuters reported.

Macau gaming tax revenue 53 percent of budget through to June

Macau revenue from gaming taxes has reached 52.7 percent of the government’s budget forecast in the six months through to the end of June.

Macau gaming tax climbs 44.5 percent y-o-y to almost $2.6 billion from January to May 31st

The Macau government raked in gaming tax totaling MOP5.7 billion ($2.6 billion) in the first five months this year, according to details published by the SAR’s Financial Services Bureau.

Macau gaming tax climbs 47.6 percent y-o-y to almost $1.86 billion in the first four months of 2023

The Macau government raked in gaming tax totaling MOP15.07 billion ($1.86 billion) in the first four months this year, according to details published by the SAR’s Financial Services Bureau.