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Macau’s gaming tax revenue reaches 90 percent of the budget forecast through September

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Macau’s revenue from gaming taxes has already reached 90 percent of the government’s budget forecast in the nine months through September.

The Macau government collected gaming taxes totaling MOP45.8 billion ($5.7 billion) in the first three quarters of the year, according to details published by the SAR’s Financial Services Bureau.

This figure represents a 202 percent increase over the MOP15.1 billion ($1.88 billion) collected from January to September 2022.

At the same time, the September figure totaled MOP6.7 billion ($826 million).

Macau’s gross gaming revenue (GGR) reached MOP14.9 billion ($1.85 billion) in September, a 13.2 percent decrease from MOP17.2 billion ($2.1 billion) in August.

MACAU-GGR-SEPTEMBER-2023

Despite the super typhoon that hit Macau at the beginning of the month, which also caused casinos to shut down for several hours, the September tally was up 404 percent from the prior-year period, according to data released on Sunday by the local regulator, the Gaming Inspection and Coordination Bureau (DICJ).

Macau’s casino GGR stood at MOP129 billion ($15.9 billion) for the nine months ending on September 30th, marking a 305 percent increase from the previous year.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

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