The total represents 19.88 per cent of Macau’s annual forecast of MOP50.85bn (US$6.3bn).<\/p>\n\n\n\n\n\n\n\n
Macau.- The Financial Services Bureau<\/strong> has reported that Macau collected MOP10.11bn (US$1.25bn) in taxes from casino operations in the first three months of the year. The figure was up 15.8 per cent when compared to MOP8.73bn (US$1.08bn) in the same period of last year<\/a>.<\/p>\n\n\n\n The total represents 19.88 per cent of Macau’s annual forecast of MOP50.85bn (US$6.3bn). Accumulated GGR for the first three months of the year was MOP34.64bn (US$4.29bn), a 95 per cent yearly increase but down 54.5 per cent when compared to the same period in 2019.<\/p>\n\n\n\n Things are looking up for the second quarter. For April<\/a>, Macau has reported its highest monthly gross gaming revenue in three years at MOP14.72 bn (US$1.83bn) Macau\u2019s gaming operators generated gross revenue of MOP49.36bn (US$6.1bn) from January to April. This amount is nearly 38 per cent of the government\u2019s goal of MOP130bn (US$16.08bn) for 2023<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The total represents 19.88 per cent of Macau’s annual forecast of MOP50.85bn (US$6.3bn).<\/p>\n","protected":false},"author":176,"featured_media":26451,"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 casino operations collected MOP10.11bn (US$1.25bn) in taxes during Q1, a 15.8% year-on-year increase, representing 19.88% of the annual forecast. Accumulated Gross Gaming Revenue (GGR) for Q1 reached MOP34.64bn (US$4.29bn), a 95% yearly increase, though still 54.5% below 2019 levels. April's GGR of MOP14.72bn (US$1.83bn) marked a three-year high, contributing to MOP49.36bn (US$6.1bn) in total GGR from January to April, nearly 38% of the government's MOP130bn (US$16.08bn) target for 2023.","focusai_entities":"Financial Services Bureau","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), operator_casino (0.97), investor_analyst (0.96), supplier_vendor (0.75), journalist_researcher (0.92)","focusai_suggestions":[{"label":"Q2 GGR Projections?","query":"Given the robust April GGR, what are the revised projections for Macau's Q2 performance, and how might this impact the government's full-year revenue target and concessionaire profitability?"},{"label":"Pre-Pandemic Recovery Pace?","query":"What specific market segments (e.g., VIP vs. Mass, international vs. mainland visitors) are primarily driving the current GGR recovery, and what is the updated timeline for Macau to achieve pre-pandemic GGR levels?"}],"footnotes":""},"categories":[16338,163],"tags":[23906],"class_list":["post-777004848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004848","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=777004848"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004848\/revisions"}],"predecessor-version":[{"id":777004873,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004848\/revisions\/777004873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26451"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777004848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777004848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777004848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}