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Macau gaming tax revenue may fall below year target: Lei Wai Nong

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The Macau government says its income from gross gaming revenue may fall below its MOP 130 billion target for the year, due to the August Covid-19 outbreak. 

Macau’s casinos pay a 35 percent tax of their gross gaming receipts to the government as a direct tax. 

Speaking to local media, Secretary for Economy and Finance Lei Wai Nong noted that August gaming revenue was down 47 percent compared to July due to a drop in visitor numbers as a result of more stringent border restrictions, noting that the government will need to set a new target as a result. 

Felix Ng
Felix Nghttps://agbrief.com/about-asia-gaming-brief/
Felix is the Asia Editor and Events Director of the Asia Gaming Brief. He has over a decade of experience developing conferences for industries including gaming, telecoms, investment, biotechnology, and mining. Felix covers gaming technology and innovation and is passionate about developing engaging and eye-catching content for the industry.

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