Macau not considering tax breaks for casinos

Macau not considering tax breaks for casinos

No tax relief for the city’s gaming operators who are suffering low visitor numbers and plunging revenues because of Coronavirus.

Macau.- The Macau government has confirmed that it is not considering giving casinos tax breaks despite the sector being hit hard by the ongoing Coronavirus crisis.

According to GGRAsia, Mr Lei said he has not received any request from the city’s casino operators regarding gaming tax breaks amid the current coronavirus alert.

In contrast, executives of Ambrose, SJM Holdings Ltd and Galaxy Entertainment Group Ltd said to the media that they were expecting some help from local authorities.

“For the government, I think if they can be sympathetic to the gaming industry – to the contribution that we have made for the community and the society – that will be good,” Francis Lui Yiu Tung, Vice-Chairman of Galaxy Entertainment Group Ltd, said in late February.

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