{"id":777005326,"date":"2023-05-17T13:21:16","date_gmt":"2023-05-17T16:21:16","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777005326"},"modified":"2026-04-22T21:54:48","modified_gmt":"2026-04-23T00:54:48","slug":"macau-collects-us613m-in-gaming-tax-revenue-in-april","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-collects-us613m-in-gaming-tax-revenue-in-april","title":{"rendered":"Macau collects US$613m in gaming tax revenue in April"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In the four months to April 30, the government collected just below MOP15.07bn (US$1.86bn) in fiscal revenue from taxes on gaming.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.- The&nbsp;<strong>Financial Services Bureau<\/strong>&nbsp;has reported that Macau collected MOP4.95bn (US$613m) in taxes from casino operations in April. That&#8217;s equivalent to nearly half of the MOP10.11bn (US$1.25bn) gaming tax revenue collected&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-collects-us1-25bn-in-gaming-tax-revenue-for-q1\" target=\"_blank\">in the first three months of the year<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The city collected MOP15.07bn (US$1.86bn) in gaming tax between January to April 30, up 47.6 per cent when compared to the MOP10.21bn (US$1.26bn) collected in the first four months of last year. The figure represents 29.6 per cent of the government&#8217;s annual estimate of MOP50.85bn (US$6.3bn).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-15-6-month-on-month-in-april\" target=\"_blank\">For April<\/a>, Macau 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&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-forecasts-ggr-of-us16-08bn-in-2023\" target=\"_blank\">the government\u2019s goal of MOP130bn (US$16.08bn) for 2023<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Macau Economic Association has recently predicted that GGR for 2023 could surpass&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ce-forecast-ggr-of-us16bn-for-2023\" rel=\"noreferrer noopener\">the government\u2019s MOP130bn target for 2023<\/a>. Analysts emphasised the positive trajectory of various indicators as economic and social activities return to normalcy after the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the four months to April 30, the government collected just below MOP15.07bn (US$1.86bn) in fiscal revenue from taxes on gaming.<\/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 gaming sector demonstrated robust recovery, with gaming tax revenue reaching MOP15.07bn (US$1.86bn) for January-April, a 47.6% year-on-year increase. April alone saw the highest monthly Gross Gaming Revenue (GGR) in three years at MOP14.72bn (US$1.83bn), contributing to a cumulative Jan-Apr GGR of MOP49.36bn (US$6.1bn), nearly 38% of the government's annual target. This positive trajectory, driven by the return to normalcy, suggests the 2023 GGR target may be surpassed.","focusai_entities":"Financial Services Bureau, Macau Economic Association","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), operator_casino (1.0), affiliate_publisher (0.7), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Target Feasibility","query":"Given the current GGR trajectory and the Macau Economic Association's forecast, what specific operational or regulatory factors could impede or accelerate the government's MOP130bn GGR target for 2023?"},{"label":"Tax Revenue Allocation","query":"How does the significant year-on-year increase in gaming tax revenue impact Macau's fiscal budget allocation, particularly concerning infrastructure development or diversification initiatives away from gaming?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777005326","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\/777005326","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=777005326"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777005326\/revisions"}],"predecessor-version":[{"id":777005350,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777005326\/revisions\/777005350"}],"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=777005326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777005326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777005326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}