{"id":777013821,"date":"2024-03-11T08:34:21","date_gmt":"2024-03-11T11:34:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777013821"},"modified":"2026-04-22T12:11:15","modified_gmt":"2026-04-22T15:11:15","slug":"macau-gaming-tax-revenue-up-142-9-in-first-two-months-of-the-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-tax-revenue-up-142-9-in-first-two-months-of-the-year","title":{"rendered":"Macau gaming tax revenue up 142.9% in first two months of the year"},"content":{"rendered":"\n<p>The government has collected MOP14.80bn (US$1.84bn).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The&nbsp;<strong>Financial Services Bureau<\/strong>&nbsp;has reported that Macau collected MOP14.80bn (US$1.84bn) in taxes from casino operations in the first two months of the year. The figure was up 142.9 per cent when compared to the same period last year.&nbsp;&nbsp;<\/p>\n\n\n\n<p>In February, the Macau government collected MOP7.46bn in revenue from gaming taxes, up 1.6 per cent when compared to the previous month.\u00a0<\/p>\n\n\n\n<p>Under the 10-year concessions that came into effect on January 1, 2023, casinos pay 40 per cent on gross gaming revenue.\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-79-1-in-february\" target=\"_blank\" rel=\"noreferrer noopener\">Macau\u2019s GGR for the first two months of 2024<\/a>\u00a0was MOP37.82bn, up 72.7 per cent from the prior-year period. The government\u2019s 2024 budget plan estimates that gaming tax revenue will reach around MOP83.61bn this year.\u00a0<\/p>\n\n\n\n<p>Last year, the Macau government collected MOP65.26bn in gaming tax revenue, surpassing budget expectations by 28.3 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has collected MOP14.80bn (US$1.84bn).<\/p>\n","protected":false},"author":176,"featured_media":21299,"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 generated MOP14.80bn (US$1.84bn) in tax revenue during the first two months of 2024, marking a 142.9% year-on-year increase. This robust performance, driven by MOP37.82bn in GGR, positions the jurisdiction to potentially exceed its MOP83.61bn gaming tax revenue budget for the year, following a similar overperformance in 2023.","focusai_entities":"Financial Services Bureau, Macau government","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), operator_casino (0.95), investor_analyst (0.98), supplier_vendor (0.75), journalist_researcher (0.85)","focusai_suggestions":[{"label":"GGR Growth Sustainability?","query":"What are the primary drivers behind Macau's significant GGR growth, and what factors could impact its sustainability throughout the remainder of the 2024 fiscal year?"},{"label":"Concession Impact Analysis?","query":"How does the current tax collection performance under the new 10-year concessions compare to pre-pandemic levels, and what are the long-term implications for operator profitability and government revenue diversification?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777013821","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\/777013821","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=777013821"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013821\/revisions"}],"predecessor-version":[{"id":777013853,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013821\/revisions\/777013853"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21299"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}