Good morning. Gambling delivered one of Singapore’s fastest-growing tax streams last year. Betting tax collections climbed 11.9 percent to $2.84 billion in FY2025/26, ahead of the 9.4 percent increase in total tax revenue. The headline number comes with an important limit: Singapore reports gambling duties and casino tax together, leaving the casino contribution unclear. Also in Singapore, the High Court stopped Venetian Macau from enforcing a $2.5 million Hong Kong casino debt judgment on public-policy grounds. And in Macau, three gaming operators, SJM, Melco and Sands China committed a combined $2.5 million to disaster relief and reconstruction in Gyirong County.

What you need to know

Singapore’s gambling duties and casino tax generated $2.84 billion in FY2025/26, up 11.9% from the previous financial year.
Singapore blocked Venetian Macau from enforcing a $2.5 million casino debt judgment, highlighting risks in cross-border gaming credit.
Sands China, Melco and SJM are donating a combined $2.5 million to support relief and reconstruction after the Gyirong mudslide.

On the radar

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AGB Intelligence

SINGAPORE

Singapore betting tax revenue rises 11.9% to $2.8B in FY2025/26

Singapore’s betting tax take rose 11.9 percent year-on-year to SG$3.6 billion ($2.84 billion) in FY2025/26, outpacing the 9.4 percent increase in total tax revenue. It was the fastest-growing category in IRAS’ annual comparison and accounted for 3.7 percent of overall collections. The figure covers both casino tax and other gambling duties, but no breakdown was provided, meaning it should not be interpreted as an equivalent increase in gross gaming revenue at Singapore’s two casinos.

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Written by AGBrief Editorial The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers. More from AGBrief Editorial →