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HomeNewsMacauMacau generates $4.6B in gaming tax from January to May 

Macau generates $4.6B in gaming tax from January to May 

The Macau SAR government reported MOP37 billion ($4.6 billion) in gaming tax revenue from January to May, marking a 78.2 percent increase compared to the same period last year, according to the Financial Services Bureau (DSF).

In May, gaming tax revenue was MOP7.15 billion ($889 million), a decrease of 9.9 percent from April’s MOP7.94 billion ($986 million) but 25.4 percent higher year-on-year.

The May tax figure reflects Macau’s gross gaming revenue from April, with the Gaming Inspection and Coordination Bureau (DICJ) previously reporting April GGR of MOP18.55 billion ($2.30 billion).

Macau GGR, May 2024

The Macau government projects gaming tax revenue for FY24 to be around MOP83.6 billion ($10.4 billion), with the budget execution rate from January to May currently at 44.3 percent.

Total government revenue for the first five months of this year reached MOP43.6 billion ($5.42 billion), a year-on-year increase of 72.3 percent. The special gaming tax from concessionaires accounted for 84.9 percent of the total.

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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