{"id":29980,"date":"2022-05-19T11:23:33","date_gmt":"2022-05-19T14:23:33","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=29980"},"modified":"2026-04-23T08:36:02","modified_gmt":"2026-04-23T11:36:02","slug":"macau-gaming-tax-down-54-year-on-year-in-april","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-tax-down-54-year-on-year-in-april","title":{"rendered":"Macau gaming tax down 54% year-on-year in April"},"content":{"rendered":"\n<p>Tax revenue from gambling activities in Macau was  MOP$1.48bn (US$183m) in April.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The <strong>Financial Services Bureau<\/strong> has reported that tax proceeds from gambling in April was <strong>MOP$1.48bn (US$183m)<\/strong>, a<strong> decrease of 53.9 per cent year-on-year<\/strong>, from MOP$3.21bn (US$397n) in April 2021. Last month\u2019s figure was also <strong>50 per cent lower<\/strong> than the MOP$bn (US$371n) recorded in March 2022.\u00a0<\/p>\n\n\n\n<p>For the first four months in 2021, gambling tax revenue was MOP$12.38bn (US$1.53bn). For the same period this year, revenue stands at MOP$10.21bn (US$1.26bn), a <strong>decrease of more than 17 per cent<\/strong>.<\/p>\n\n\n\n<p><strong>See also:<\/strong> <a href=\"https:\/\/focusgn.com\/asia-pacific\/credit-suisse-warns-china-visa-crackdown-risks-20-of-macau-ggr\" data-type=\"URL\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/credit-suisse-warns-china-visa-crackdown-risks-20-of-macau-ggr\" target=\"_blank\" rel=\"noreferrer noopener\">Credit Suisse warns China visa crackdown risks 20% of Macau GGR<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Macau GGR for April<\/h2>\n\n\n\n<p>The<strong> Gaming Inspection and Coordination Bureau\u2018s<\/strong> figures show that <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-at-lowest-level-since-september-2020\" data-type=\"URL\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-at-lowest-level-since-september-2020\" target=\"_blank\" rel=\"noreferrer noopener\">GGR for the month of April<\/a> was down 71.1 per cent month-on-month from MOP3.67bn (US$454.5m) to MOP2.68bn (US$331m). That\u2019s the lowest level since September 2020, when the tally was MOP2.2bn, and represents a drop of 68.1 per cent when compared to April 2021\u2018s revenue of MOP8.40bn.<\/p>\n\n\n\n<p>According to the DICJ, the decline was mainly due to the rise in Covid-19 cases in mainland China, which affected the arrival of tourists in the city. Macau\u2019s GGR for the first four months of 2022 combined stands at MOP20.45bn (US$2.55bn), down 36.2 per cent year-on-year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tax revenue from gambling activities in Macau was MOP$1.48bn (US$183m) in April.<\/p>\n","protected":false},"author":226,"featured_media":26650,"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 gambling tax revenue for April 2022 decreased by 53.9% year-on-year to MOP$1.48bn, with GGR falling 71.1% month-on-month to MOP2.68bn, marking the lowest level since September 2020. This significant contraction is primarily attributed to the surge in COVID-19 cases in mainland China, severely impacting tourist arrivals and, consequently, gaming sector performance. The cumulative GGR for the first four months of 2022 also shows a 36.2% year-on-year decline.","focusai_entities":"Financial Services Bureau, Credit Suisse, Gaming Inspection and Coordination Bureau, DICJ","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), operator_casino (0.98), investor_analyst (0.97), supplier_vendor (0.85), journalist_researcher (0.92)","focusai_suggestions":[{"label":"Macau GGR Outlook?","query":"What are the revised GGR forecasts for Macau for the remainder of 2022, considering the persistent impact of mainland China's zero-COVID policy and potential travel restrictions?"},{"label":"Operator Strategy Shifts?","query":"How are major Macau integrated resort operators adjusting their capital allocation, operational efficiencies, and diversification strategies to mitigate the ongoing revenue decline and prepare for concession re-tendering?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-29980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29980","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=29980"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29980\/revisions"}],"predecessor-version":[{"id":29991,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29980\/revisions\/29991"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26650"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=29980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=29980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=29980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}