The Government of the Macau SAR has announced that it collected MOP7.1 billion ($889.7 million) in gaming taxes for the month of January.
According to data provided in the section on the Financial Services Bureau Central Account regarding Budget Execution, the January revenue marks a 2 percent decline compared to the same month last year, when the government recorded MOP7.3 billion ($913.5 million) in gaming taxes.
Gaming revenue last year reached MOP226.8 billion ($28.35 billion), up 23.9 percent from 2023, according to data published by the Gaming Inspection and Coordination Bureau (DICJ).
Total tax on gaming revenue during the first 11 months of 2024 totaled MOP81 billion ($10.12 billion), a 37.2 percent yearly rise, and 80.64 percent of the total revenue for the government during this period. The tax collection information for December 2024 has not yet been published, despite January’s already being released,
Macau gaming concessionaires are required to pay a special gaming tax of 35 percent of the gross gaming revenue, plus 2 percent of their gross gaming revenue for public funds that promote cultural, scientific, social, economic and educational development, as well as 3 percent for urban development, tourism promotion and social security.
