{"id":29286,"date":"2022-04-26T07:58:07","date_gmt":"2022-04-26T10:58:07","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=29286"},"modified":"2026-04-23T09:17:57","modified_gmt":"2026-04-23T12:17:57","slug":"macau-gaming-tax-revenue-reaches-us1-08bn-in-q1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-tax-revenue-reaches-us1-08bn-in-q1","title":{"rendered":"Macau gaming tax revenue reaches US$1.08bn in Q1"},"content":{"rendered":"\n

Gaming tax revenue was down by 4.8 per cent year-on-year.<\/p>\n\n\n\n\n\n\n\n

Macau.- The Financial Services Bureau<\/strong> in Macau has shared a financial report showing that the city has collected MOP8.73bn (US$1.08bn) in fiscal revenue from direct taxes on gaming in the first quarter of the year 2022. That’s a drop of 4.8 per cent when compared to the same quarter in 2021.<\/p>\n\n\n\n

Between January 1 and February 28<\/a>, the city collected\u00a0MOP5.73bn (US$711.18m)\u00a0<\/strong>from gaming taxes. In March, the tally was MOP3bn, up nearly 21.5 per cent month-on-month. Authorities have forecast that full-year revenue from direct taxes on gaming will be MOP49.76bn for 2022. In 2021, the government collected nearly\u00a0MOP33.9bn (US$4.22bn)<\/strong>,\u00a0a 13.8 per cent increase<\/a>\u00a0year-on-year.<\/p>\n\n\n\n

As previously reported by Focus Gaming News, mass-market games, including slot machines, accounted for nearly 72.8 per cent of all Macau casinos\u2019 gross gaming revenue (GGR) in the first quarter of 2022, at nearly MOP12.94bn (US$1.60bn).<\/p>\n\n\n\n

However, mass-market revenue was down 8.8 per cent year-on-year and 10.9 per cent quarter-on-quarter. Mass-market games, including slot machines, accounted for <\/strong>74.3 per cent of Macau\u2019s GGR in the fourth quarter of 2021<\/a>, at nearly MOP14.18bn (US$1.77bn)<\/p>\n\n\n\n

Macau GGR up 11% between April 19 and 24<\/h2>\n\n\n\n

Sanford C. Bernstein Ltd<\/strong> has reported that gross gaming revenue in Macau was up 11 per cent week-on-week in the week ended April 24. According to the brokerage, GGR was MOP2.1bn, with an average daily revenue of MOP88m, which would be a drop of 69 per cent year-on-year.<\/p>\n\n\n\n

Analysts Vitaly Umansky and Louis Li noted: \u201cDespite the rebound, visitation and revenue remain largely subdued due to mainland China Covid-19 outbreaks and restrictive travel and border control.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Gaming tax revenue was down by 4.8 per cent year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":27875,"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 Q1 2022 gaming tax revenue declined 4.8% year-on-year to MOP8.73bn, despite a month-on-month increase in March. Gross Gaming Revenue (GGR) from mass-market segments also saw a significant year-on-year and quarter-on-quarter decrease, primarily attributed to ongoing COVID-19 travel restrictions impacting visitation.","focusai_entities":"Financial Services Bureau, Sanford C. Bernstein Ltd, Vitaly Umansky, Louis Li","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.7), operator_casino (0.95), investor_analyst (0.98), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What is the projected GGR trajectory for Macau in H2 2022, considering the persistent impact of mainland China's zero-COVID policy and potential border relaxation timelines?"},{"label":"Tax Revenue Impact","query":"How will the year-on-year decline in gaming tax revenue impact Macau's fiscal budget and its capacity for public investment or economic diversification initiatives?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23906],"class_list":["post-29286","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\/29286","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=29286"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29286\/revisions"}],"predecessor-version":[{"id":29295,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29286\/revisions\/29295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=29286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=29286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=29286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}