{"id":777027630,"date":"2025-06-11T01:52:56","date_gmt":"2025-06-11T04:52:56","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777027630"},"modified":"2026-04-21T22:02:21","modified_gmt":"2026-04-22T01:02:21","slug":"macau-gaming-tax-revenue-flat-in-first-five-months-of-the-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-tax-revenue-flat-in-first-five-months-of-the-year","title":{"rendered":"Macau gaming tax revenue flat in first five months of the year"},"content":{"rendered":"\n<p>The government collected MOP37.10bn from casino operations.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The\u00a0Financial Services Bureau has reported that\u00a0Macau collected MOP37.10bn (US$4.59bn)\u00a0in casino taxes in the first five months of the year. The figure was flat in year-on-year terms. For May, MOP7.27bn (US$0.90bn) was collected, down 4.8 per cent sequentially.<\/p>\n\n\n\n<p>The government\u2019s original 2025 budget plan forecast revenue from gaming taxes of MOP93.12bn (US$11.52bn), but the government has since dropped its gross gaming revenue forecast for this year by 5 per cent from\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/gaming-in-macau-government-forecasts-29-7bn-in-revenue-for-2025\" target=\"_blank\" rel=\"noreferrer noopener\">MOP240bn (US$29.8bn)<\/a> to MOP228bn (US$28.3bn). <\/p>\n\n\n\n<p>The tax take for the first five months represents 39.84 per cent of the original target and 86.4 per cent of all state revenue (MOP42.97bn).<\/p>\n\n\n\n<p>In May, gross gaming revenue (GGR) was&nbsp;MOP21.19bn (US$2.62bn). That\u2019s an increase of 1.7 per cent&nbsp;from&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-up-29-7-in-may\" rel=\"noreferrer noopener\">May 2024<\/a>&nbsp;and 12.4&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-rises-year-over-year-in-april\" rel=\"noreferrer noopener\">month-on-month<\/a>. It was the city\u2019s best monthly performance post-Covid-19. Cumulatively,&nbsp;Macau\u2019s GGR for the first five months of 2025&nbsp;was MOP97.7bn (US$12.1bn), up 1.7 per cent year-on-year. The figure was 77 per cent of the same period of 2019 (MOP125.6bn) (US$5.5bn).<\/p>\n\n\n\n<p>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. Under the 10-year concessions that came into effect on January 1, 2023, casinos pay 40 per cent on GGR. <\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2024\/02\/Donaco-revenue-down-to-AU2.8-in-Q1-due-to-Covid-19-restrictions-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/macau-ggr-rises-slightly-in-march'>Macau GGR rises slightly in March<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The government collected MOP37.10bn from casino operations.<\/p>\n","protected":false},"author":176,"featured_media":16278,"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 tax collection reached MOP37.10bn (US$4.59bn) in the first five months of the year, remaining flat year-on-year, while May's collection saw a sequential decline. The government has revised its 2025 GGR forecast downwards by 5% to MOP228bn (US$28.3bn), despite cumulative GGR for the period reaching MOP97.7bn (US$12.1bn), up 1.7% year-on-year, with May marking the best monthly performance post-Covid-19.","focusai_entities":"Financial Services Bureau","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.75), operator_casino (0.98), investor_analyst (0.97), supplier_vendor (0.78), journalist_researcher (0.93)","focusai_suggestions":[{"label":"Impact of GGR Revision?","query":"What are the projected implications of Macau's revised MOP228bn GGR forecast for 2025 on operator profitability and government fiscal stability, considering the current tax collection trajectory?"},{"label":"Sustainability of Recovery?","query":"Given May's 'best monthly performance post-Covid-19' and the flat year-on-year tax collection, what are the underlying factors influencing the sustainability of Macau's gaming market recovery?"}],"footnotes":""},"categories":[16338,163],"tags":[29,23911,23906],"class_list":["post-777027630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-casino","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027630","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=777027630"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027630\/revisions"}],"predecessor-version":[{"id":777027679,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027630\/revisions\/777027679"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16278"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777027630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777027630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777027630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}