{"id":777012922,"date":"2024-02-06T10:16:58","date_gmt":"2024-02-06T13:16:58","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777012922"},"modified":"2026-04-22T13:17:35","modified_gmt":"2026-04-22T16:17:35","slug":"macau-extends-income-tax-break-for-gaming-profits","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-extends-income-tax-break-for-gaming-profits","title":{"rendered":"Macau extends income tax break for gaming profits"},"content":{"rendered":"\n<p>The exemption has been extended until 2027.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The\u00a0exemption on complementary income tax\u00a0on the profits of casino operators&#8217; gambling operations has been extended to December 31, 2027. The exemption applies to all six casino concessionaires and was signed by Macau\u2019s chief executive,\u00a0Ho Iat Seng, on January 29.<\/p>\n\n\n\n<p>Under the latest concession system, the six concessionaires pay an effective tax rate of 40 per cent on casino gross gaming revenue (GGR). Each concessionaire is also required to pay a fixed annual premium of MOP30m (US$3.72m) to the Macau government.<\/p>\n\n\n\n<p>Each casino concessionaire also pays a variable annual premium based on their gaming inventory. This includes MOP300,000 per VIP gaming table, MOP150,000 per mass-market gaming table, and MOP1,000 per gaming machine, including slot machines.\u00a0<\/p>\n\n\n\n<p><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/citigroup-raises-macau-ggr-forecast-to-us29bn\" rel=\"noreferrer noopener\">Citigroup raises Macau GGR forecast to US$29bn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The exemption has been extended until 2027.<\/p>\n","protected":false},"author":176,"featured_media":25801,"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 has extended the exemption on complementary income tax for casino operators' gambling profits until December 31, 2027. This fiscal measure, signed by Chief Executive Ho Iat Seng, applies to all six concessionaires, who continue to pay an effective 40% GGR tax rate along with fixed and variable annual premiums based on gaming inventory. The extension provides financial stability for the operators and impacts their profitability outlook.","focusai_entities":"Ho Iat Seng, Macau casino concessionaires, Citigroup","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Capex & Dividend Impact?","query":"How will this tax exemption extension influence the capital expenditure strategies and dividend policies of the Macau concessionaires over the next three years?"},{"label":"Competitive Dynamics Shift?","query":"What are the potential implications of this fiscal stability for new market entrants or the competitive dynamics among the existing six concessionaires?"}],"footnotes":""},"categories":[16338,163],"tags":[23906],"class_list":["post-777012922","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\/777012922","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=777012922"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012922\/revisions"}],"predecessor-version":[{"id":777012963,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012922\/revisions\/777012963"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25801"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}