{"id":777021637,"date":"2024-12-19T09:42:02","date_gmt":"2024-12-19T12:42:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777021637"},"modified":"2026-04-22T03:08:40","modified_gmt":"2026-04-22T06:08:40","slug":"macau-government-expects-to-collect-us12-48m-in-taxes-on-junket-commissions-for-2025","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-government-expects-to-collect-us12-48m-in-taxes-on-junket-commissions-for-2025","title":{"rendered":"Macau government expects to collect US$12.48m in taxes on junket commissions for 2025"},"content":{"rendered":"\n

That’s a rise of 233.3 per cent in year-on-year terms.<\/p>\n\n\n\n\n\n\n\n

Macau.- The Macau government expects to collect MOP100m (US$12.48m) in taxes on junket commissions<\/strong> in 2025. That’s a 233.3 per cent rise in year-on-year terms from the MOP30m expected for fiscal year 2024.<\/p>\n\n\n\n

The forecast comes from a report on Macau’s financial year 2025 budget released by the city’s Legislative Assembly. No reasoning was given. In 2023, the government collected MOP62.58m, surpassing the estimate for the year by 526 per cent.<\/p>\n\n\n\n

Junkets, or gaming promoters, are licensed by the Macau government to promote high-stakes gaming in casinos. A 5 per cent withholding tax is charged on commissions. Junket operators earn a commission of up to 1.25 per cent on the money players put into casinos.<\/p>\n\n\n\n

In August, a bill on casino credit and junket contracts<\/a> entered force, prohibiting junkets from issuing credit to gamblers entered force. As of September 23, there are 24 licensed junkets in Macau, according to the Gaming Inspection and Coordination Bureau. For 2025, the government will keep the cap at 50, with the same limits on junket partners for each casino operator as in 2024. Sands China and SJM Holdings will each have the largest allowance, with 12 junkets allowed.<\/p>\n\n\n\n

The 2025 budget plan, which the Legislative Assembly approved on Monday (December 16), estimates that Macau’s casino gross gaming revenue (GGR) will reach MOP240bn (US$29.7bn)<\/a>. Macau\u2019s GGR for the first eleven months of 2024 was MOP208.6bn (US$26.1bn), up 26.8 per cent year-on-year but 22.6 per cent below the same period in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

That’s a rise of 233.3 per cent in year-on-year terms.<\/p>\n","protected":false},"author":176,"featured_media":21791,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Macau government projects a significant increase in tax revenue from junket commissions for 2025, forecasting MOP100m, a 233.3% rise from 2024's MOP30m estimate. This comes as the Legislative Assembly approved the 2025 budget, which also estimates Macau's Gross Gaming Revenue (GGR) to reach MOP240bn, reflecting continued post-pandemic recovery and regulatory adjustments to the junket sector.","focusai_entities":"Macau government, Legislative Assembly, Gaming Inspection and Coordination Bureau, Sands China, SJM Holdings","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.85), operator_casino (0.9), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Forecast Accuracy","query":"Given the 2023 tax collection significantly surpassed estimates, what specific methodologies or new market variables are informing the 2025 GGR and junket tax forecasts to ensure greater accuracy?"},{"label":"Junket Sector Evolution","query":"How will the prohibition on junkets issuing credit, coupled with the cap on licensed operators, impact the high-roller segment's volume and the overall Gross Gaming Revenue contribution from VIP play in 2025?"}],"footnotes":""},"categories":[16338,163],"tags":[23906],"class_list":["post-777021637","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\/777021637","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=777021637"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021637\/revisions"}],"predecessor-version":[{"id":777021653,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021637\/revisions\/777021653"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21791"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777021637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777021637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777021637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}