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Macau government cuts forecast for 2020 gaming tax to US$3.69 billion

The Macau government expects to collect MOP29.46bn ($3.69bn) in taxes from its casinos this year, down 42 percent from its prior prediction. MOP26.29bn will come from direct tax based on casino gross gaming revenue (GGR). MOP210m in taxes is expected to come from junket operators.

AGBrief Editorial AGBrief EditorialDecember 10, 2020 · 1 min read
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The Macau government expects to collect MOP29.46 billion ($3.69 billion) in taxes from its casinos this year, down 42 percent from its prior prediction. MOP26.29 billion will come from direct tax based on casino gross gaming revenue (GGR). MOP210 million in taxes is expected to come from junket operators.

Macau’s gambling tax drops to $3.69b for 2020 due to lack of visitors (Gambling Insider)

AGBrief Editorial
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 →