Macau gaming tax rate might gradually increase to offset the shortfall in VIP revenue

While more clarity should be provided in the government’s proposals for revising the gaming law of Macau from the prior permission from the authorities for gaming operators to distribute dividends to the introduction of government delegates in the operators, the discussion of possible changes in the gaming tax has been overlooked, said a panel of gaming experts.

The remarks were made in the latest webinar session of “MBtv/FRC Debates” held online on Thursday night (today) and co-organised by Macau Business and Rui Cunha Foundation.

The online seminar, titled “Game ON: The Gaming Law and the Future of the Industry”, has invited gaming analysts, academics and lawyers to discuss the public consultation document advanced by the authorities in September about the amendments to the gaming law. The 45-day public consultation is on-going and will run until 29 October.

Source: https://www.macaubusiness.com/macau-gaming-tax-rate-might-gradually-increase-to-offset-the-shortfall-in-vip-revenue-panellists/?__cf_chl_jschl_tk__=pmd_3ncQFUDrmQOFL3R9Zozu3UqmqwONYiVW8xqJTg8_bKA-1634876505-0-gqNtZGzNAtCjcnBszQm9