{"id":22598,"date":"2021-09-14T11:17:53","date_gmt":"2021-09-14T14:17:53","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=22598"},"modified":"2026-04-23T15:43:33","modified_gmt":"2026-04-23T18:43:33","slug":"macau-gaming-tax-revenue-reaches-us408m-in-august","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-tax-revenue-reaches-us408m-in-august","title":{"rendered":"Macau gaming tax revenue reaches US$408m in August"},"content":{"rendered":"\n<p>Macau\u2019s government collected MOP3.27bn (US$408m) in tax revenue from the gaming industry in August.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-\u00a0<strong>Taxes on the gaming industry\u00a0<\/strong>generated MOP3.27bn (US$408m)<strong>\u00a0<\/strong>in revenue for Macau in August, up 27.7 per cent from MOP2.56bn in July and up <strong>433.2 per cent year-on-year.<\/strong><\/p>\n\n\n\n<p>For the first eight months of this year,\u00a0<strong>Macau collected MOP25.47bn in gaming tax revenue<\/strong>, up 11.7 per cent when compared to 2020. It&#8217;s now reached <strong>50.9 per cent of the MOP50bn figure<\/strong>\u00a0the government had estimated for the full year.<\/p>\n\n\n\n<p><strong>Lei Wai Nong<\/strong>, secretary for economy and finance, recently said that Macau is\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-to-revise-2021-ggr-forecast\">revising GGR forecasts for the year<\/a><strong>\u00a0<\/strong>for a revised budget, which will be submitted to the Legislative Assembly.<\/p>\n\n\n\n<p>However, he said&nbsp;<strong>authorities were confident the city would see a rebound in the following months<\/strong>, especially during&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-raises-expectations-for-october-golden-week\" rel=\"noreferrer noopener\">October\u2019s Golden Week<\/a>. The Macau Government Tourism Office (MGTO) has predicted&nbsp;<strong>the city could receive 30,000 visitors per day<\/strong>&nbsp;during the October Golden Week.<\/p>\n\n\n\n<p>According to authorities, 2021 could end with some MOP130m in GGR although aggregate&nbsp;<strong>casino GGR for the first eight months of the year<\/strong>&nbsp;totals MOP61.91bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau\u2019s government collected MOP3.27bn (US$408m) in tax revenue from the gaming industry in August.<\/p>\n","protected":false},"author":176,"featured_media":17469,"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 MOP3.27bn (US$408m) in tax revenue in August, marking significant year-on-year and month-on-month growth. The government has collected MOP25.47bn year-to-date, reaching 50.9% of its initial MOP50bn full-year estimate, and is now revising its GGR forecasts for the year, anticipating a rebound, particularly during October's Golden Week.","focusai_entities":"Lei Wai Nong, Macau Government Tourism Office, MGTO, Legislative Assembly","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), operator_casino (1.0), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GGR Forecast Drivers?","query":"What specific factors are underpinning the Macau government's confidence in a significant GGR rebound, particularly given the current year-to-date performance relative to the revised MOP130m forecast?"},{"label":"Fiscal Impact of Revision?","query":"How will the revised GGR forecast and associated tax revenue adjustments impact the Macau government's overall fiscal budget and public spending priorities for the remainder of the year?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23906],"class_list":["post-22598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22598","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=22598"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22598\/revisions"}],"predecessor-version":[{"id":22619,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22598\/revisions\/22619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17469"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=22598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=22598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=22598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}