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Macau Q1 gaming tax revenue drops by half

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Macau’s tax revenue take from its gambling industry fell by 50 percent in Q1 to MOP9.1 billion ($1.14 billion), according to the Financial Services Bureau.

The figures are still skewed by the fact that January of 2020 was a strong month for gaming revenue in Macau before the pandemic hit. On a sequential basis, gaming revenue and visitation have been rising, albeit slowly.

Gaming tax revenue drops by 50% in Q1 (Macau Business)

Sharon Singleton
Sharon Singletonhttps://agbrief.com/about-asia-gaming-brief/
Sharon Singleton is a multi-media reporter with experience ranging from website management to reporting and editing for newspapers, news agencies and television. As Managing Editor she's been working with Asia Gaming Brief since 2013 and her specialties are: Business, current affairs, fluent in Italian, French, with working knowledge of Spanish.

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