{"id":777018133,"date":"2024-08-14T09:44:52","date_gmt":"2024-08-14T12:44:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777018133"},"modified":"2026-04-22T07:10:11","modified_gmt":"2026-04-22T10:10:11","slug":"macau-gaming-tax-revenue-up-15-2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-tax-revenue-up-15-2","title":{"rendered":"Macau gaming tax revenue up 15.2%"},"content":{"rendered":"\n

The government collected MOP51.62bn (US$6.43bn) in the first seven months of the year.<\/p>\n\n\n\n\n\n\n\n

Macau.- The\u00a0Financial Services Bureau\u00a0has reported that\u00a0Macau collected MOP51.62bn (US$6.43bn)\u00a0in taxes from casino operations in the first seven months of the year. The figure was up 15.2 per cent when compared to the same period last year.\u00a0<\/p>\n\n\n\n

In July, the Macau government collected MOP6.83bn (US$849m). That’s a 12.2 per cent decrease compared to the preceding month. Gross gaming revenue (GGR) for the month<\/a>\u00a0was MOP18.59bn (US$2.31bn).<\/p>\n\n\n\n

Cumulatively,\u00a0Macau\u2019s GGR for the first seven months of 2024 was MOP132.34bn (US$16.44bn), up 36.7 per cent year-on-year but 24 per cent below the same period in 2019. Taxes from gambling made up 83.9 per cent of the Macau government\u2019s total revenue.<\/p>\n\n\n\n

According to the 2024 budget plan, the government aims to collect MOP83.61bn (US$10.4bn) in gaming tax this year. In 2023, Macau collected MOP65.26bn (US$8.11bn), surpassing the budgeted amount by 28.3 per cent.<\/p>\n\n\n\n

See also: <\/strong>Macau GGR reaches US$884.4m in first 11 days of August, JP Morgan says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government collected MOP51.62bn (US$6.43bn) in the first seven months of the year.<\/p>\n","protected":false},"author":176,"featured_media":21513,"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 Financial Services Bureau reported MOP51.62bn (US$6.43bn) in casino tax revenue for the first seven months of 2024, marking a 15.2% year-on-year increase. Cumulative Gross Gaming Revenue (GGR) reached MOP132.34bn (US$16.44bn), up 36.7% year-on-year, though remaining 24% below 2019 levels. Gaming taxes constitute 83.9% of the government's total revenue, with the 2024 budget targeting MOP83.61bn.","focusai_entities":"Financial Services Bureau, JP Morgan","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What is the projected GGR trajectory for Macau in H2 2024, considering the current growth rate and the 24% deficit compared to 2019 levels?"},{"label":"Fiscal Impact Analysis","query":"How might a sustained deviation from the MOP83.61bn gaming tax budget impact Macau's broader fiscal policy and public spending initiatives?"}],"footnotes":""},"categories":[16338,163],"tags":[23906],"class_list":["post-777018133","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\/777018133","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=777018133"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018133\/revisions"}],"predecessor-version":[{"id":777018161,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018133\/revisions\/777018161"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21513"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777018133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777018133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777018133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}