{"id":777023765,"date":"2025-03-06T09:00:56","date_gmt":"2025-03-06T12:00:56","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777023765"},"modified":"2026-04-22T01:06:07","modified_gmt":"2026-04-22T04:06:07","slug":"macau-gaming-tax-revenue-up-35","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-tax-revenue-up-35","title":{"rendered":"Macau gaming tax revenue up 35%"},"content":{"rendered":"\n<p>The government collected MOP88.13bn from casino operations in 2024.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The\u00a0Financial Services Bureau has reported that Macau collected MOP88.13bn (US$11.0bn) in taxes from casino operations in 2024. The figure was up 35 per cent in year-on-year terms and surpassed the government&#8217;s forecast of MOP83.61bn by 5.4 per cent.<\/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 (GGR). Macau\u2019s\u00a0GGR for 2024 was MOP226.78bn (US$28.39bn), up 23.8 per cent\u00a0year-on-year but down 22.45 per cent compared to 2019 (MOP292.45bn). Tax revenue figures cannot be directly compared because there is usually a delay between when GGR is documented and when the government recognises the tax as being paid.<\/p>\n\n\n\n<p>The 2025 budget plan, which the Legislative Assembly approved on Monday (December 16), estimates that Macau\u2019s casino GGR&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/gaming-in-macau-government-forecasts-29-7bn-in-revenue-for-2025\" rel=\"noreferrer noopener\">will reach MOP240bn (US$29.7bn)<\/a>&nbsp;this year. Gaming taxes are expected to reach MOP93.12bn (US$11.6bn).&nbsp;<\/p>\n\n\n\n<p>In January, Macau collected\u00a0MOP7.19bn (US$896m) in taxes\u00a0from casino operations. The figure was down 2.1 per cent when compared to the same month last year and accounted for 85.6 per cent of all government revenue.<\/p>\n\n\n<div id=\"see-also-container\"><\/p>\n<div class=\"related-article\"><img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2021\/09\/Sands-China-supports-Guangdong-Macau-plans-in-Hengqin-300x200.jpg\" \/><\/p>\n<p class=\"related-article__text\"><span class=\"see-also-label-strong\">See also:<\/span> <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-to-reach-up-to-us2-57bn-in-march-analysts-say\">Macau GGR to reach up to US$2.57bn in March, analysts say<\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The government collected MOP88.13bn from casino operations in 2024.<\/p>\n","protected":false},"author":176,"featured_media":26764,"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 MOP88.13bn (US$11.0bn) in tax revenue in 2024, a 35% year-on-year increase, surpassing government forecasts by 5.4%. This revenue is derived from a 40% tax on MOP226.78bn GGR, which, while up 23.8% year-on-year, remains 22.45% below 2019 levels. The 2025 budget projects MOP240bn GGR and MOP93.12bn in gaming taxes.","focusai_entities":"Financial Services Bureau, Legislative Assembly","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GGR Forecast Accuracy","query":"What specific economic or market factors contributed to Macau's 2024 GGR exceeding government forecasts, and how might these influence the accuracy of the MOP240bn GGR projection for 2025?"},{"label":"Concession Fiscal Impact","query":"How do the MOP88.13bn tax collections under the new 10-year concessions compare to the fiscal contributions under the previous concession framework, adjusted for GGR volume, and what are the implications for future government revenue stability?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23906],"class_list":["post-777023765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777023765","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=777023765"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777023765\/revisions"}],"predecessor-version":[{"id":777023792,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777023765\/revisions\/777023792"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26764"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777023765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777023765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777023765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}