International edition
October 19, 2021

Growth for 2014 expected to be up 25 percent

Macau government cautious on 2014 special gaming tax takings

(Macau).- The Macau government expects revenue of us$ 14.4 billion from the special gaming tax next year, according to its proposed budget for 2014. The sum is 25 percent more than budgeted for this year.

T

he government levies the special gaming tax on casino gross gaming revenue at the rate of 35 percent. It tends to make conservative predictions about the growth of the gaming industry. Its revenue from the special gaming tax this year will probably exceed  what it expects to get next year.

The proposed budget for 2014 envisages total revenue of us$ 18.9 billion, 14 percent more than budgeted for this year, and spending of us$ 9.57 billion, 6 percent less.

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