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August: Macau Government collects MOP244.4m in gaming tax

September 22, 2022 Macau Earnings & FilingsIndustry Updates

Figures from Macau’s Financial Services Bureau reveal that its Government has collected MOP244.4m ($30.2m) from direct taxes related to gaming for August 2022.

Taxes received by Macau’s Government are lower than usual, given that casino gross gaming revenue (GGR) for July only reached MOP398m, a result of intermittent lockdown policies and a legislative persistence to restrict travel.

This June, direct tax on gambling operations in Macau stood just below MOP1.31bn.

Most recently, Macau was closed between 11 July and 22 July 2022 as a countermeasure to rising cases of Covid-19 in the region.

The tax rate on casino GGR is 39% in Macau; 35% of which goes straight to Government coffers while 4% is used to pay for good causes in the community.

Recently, Macau has revised its gaming tax rate to increase welfare spending, with many of its residents suffering throughout the global pandemic.

Source: https://www.gamblinginsider.com/news/18272/asia-round-up-macaus-poor-returns-acmas-request-tabcorp-more
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