{"id":14948,"date":"2021-02-19T14:11:52","date_gmt":"2021-02-19T14:11:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=14948"},"modified":"2026-04-23T21:41:04","modified_gmt":"2026-04-24T00:41:04","slug":"macau-gaming-tax-revenue-drops-74-in-2020","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-tax-revenue-drops-74-in-2020","title":{"rendered":"Macau gaming tax revenue drops 74% in 2020"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Macau&#8217;s government collected\u00a0MOP29.81bn (US$3.73bn)\u00a0in tax revenue from the gaming industry in 2020.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.- Taxes on the gaming industry generated MOP29.81bn (US$3.73bn) in\u00a0revenue for Macau for the full-year 2020, <strong>a drop of<\/strong> <strong>73 per cent compared to 2019<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">GGR for 2020 came in at <strong>MOP60.44bn (US$7.58bn)<\/strong>, down 79 per cent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The city&#8217;s casinos were <strong>closed for most of the year due to the Covid-19 pandemic<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The last two months of 2020 saw a slight upturn in the amount of tax collected. For now, 2021 remains at the same level as <strong>Macau casinos saw gross gaming revenues of MOP$3bn (US$375m)<\/strong> for the first half of February, <em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-down-23-in-the-first-half-of-february\" target=\"_blank\"><strong>down 23 per cent compared to January<\/strong><\/a><\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau&#8217;s government collected\u00a0MOP29.81bn (US$3.73bn)\u00a0in tax revenue from the gaming industry in 2020.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's gaming industry generated MOP29.81bn (US$3.73bn) in tax revenue in 2020, a 73% decline from 2019, with Gross Gaming Revenue (GGR) plummeting 79% to MOP60.44bn (US$7.58bn) due to extensive casino closures amidst the Covid-19 pandemic. While late 2020 showed a marginal recovery in tax collection, early 2021 GGR figures indicate continued significant year-on-year contraction.","focusai_entities":"","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.75), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Recovery Outlook","query":"What are the projected timelines and key drivers for Macau's GGR recovery to pre-pandemic levels, considering the ongoing travel restrictions and evolving mainland China visitation policies?"},{"label":"Fiscal Impact Analysis","query":"How will the sustained decline in gaming tax revenue impact Macau's government budget and its capacity for public investment and economic diversification initiatives?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-14948","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=14948"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14948\/revisions"}],"predecessor-version":[{"id":14978,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14948\/revisions\/14978"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=14948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=14948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=14948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}