International edition
June 25, 2021

Government's income from gaming taxes rose 46.2 % year-on-year

Macau's casino taxes account 84% of government revenue

(Macau).- Direct taxes from gaming businesses generated 84.4 % of total revenue of Macao Special Administrative Region (SAR) government in the first five months of this year, the Macao Post Daily reported this week.

T

he newspaper quoted latest statistics from the city's Finance Service Bureau (DSF) as saying that the SAR government's income from gaming taxes rose 46.2 % year-on-year to US$ 4.39 billion between January and May.

Local casinos' direct tax rate stands at 35 % of their gross receipts.

The official figures also indicated that total revenue of the SAR government in the first five months amounted to US$ 5.2 billion, up 46.4 % year-on-year. Its total expenditure stood at US$ 1.52 billion, a year-on-year increase of 69.9 %.

The government's overall surplus grew 38.4 % year-on-year to US$ 3.68 billion, according to the figures.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook