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)
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Sharon Singleton
Sharon Singleton is a multi-media reporter with experience ranging from website management to reporting and editing for newspapers, news agencies and television.
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