Macau generates $4.6B in gaming tax from January to May 2024 682n5x

The Macau SAR government reported MOP37 billion ($4.6 billion) in gaming tax revenue from January to May 2024, marking a 78.2% increase compared to the same period last year, according to the Financial Services Bureau (DSF). 5i351g

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

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%. 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%. The special gaming tax from concessionaires ed for 84.9% of the total.

Source: agbrief.com