{"id":777034183,"date":"2025-11-05T08:44:51","date_gmt":"2025-11-05T11:44:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777034183"},"modified":"2026-04-21T17:25:26","modified_gmt":"2026-04-21T20:25:26","slug":"macau-gaming-taxes-contribute-us873m-to-tourism-and-social-welfare-in-2024","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-taxes-contribute-us873m-to-tourism-and-social-welfare-in-2024","title":{"rendered":"Macau gaming taxes contribute US$873m to tourism and social welfare in 2024"},"content":{"rendered":"\n

Macau\u2019s gross gaming revenue for 2024 was US$28.39bn.<\/p>\n\n\n\n\n\n\n\n

Macau.- The Macau Legislative Assembly (AL)<\/strong> has reported that gaming tax revenue allocated to tourism promotion and social security reached MOP6.69bn (US$837m)<\/strong> in 2024, up 34.1 per cent compared to 2023. <\/p>\n\n\n\n

In a review of the 2024 Budget Implementation Report, the Gaming Inspection and Coordination Bureau (DICJ) noted that Macau\u2019s gross gaming revenue (GGR) for 2024 was MOP226.78bn (US$28.39bn)<\/a>, up 23.8 per cent year-on-year. <\/p>\n\n\n\n

The report shows that the two main revenue streams from GGR, the Special Gaming Tax and the allocation for Urban Development, Tourism Promotion and Social Security, rose by 35.2 per cent and 34.1 per cent, respectively. The former, which is charged at 35 per cent of GGR, is estimated at MOP88.13bn (US$11.0bn)<\/a>.<\/p>\n\n\n\n

Under Macau\u2019s gaming law, 5 per cent of gross gaming revenue is directed toward local social development funds, 3 per cent for urban development, tourism promotion, and social security and 2 per cent for public funds that promote or research cultural, social, economic, educational, scientific, academic, and charitable activities.<\/p>\n\n\n\n

In July,\u00a0the\u00a0Legislative Assembly<\/strong>\u00a0passed the\u00a02025 fiscal budget<\/a>\u00a0amendment bill, which forecasts annual gaming tax revenue of\u00a0MOP79.8bn (US$9.87bn)<\/strong> for the year, 5 per cent lower than previously expected after the government cut its GGR estimate from MOP240bn to MOP228bn ($28.2bn). At the time of the revised forecast,\u00a0Ho In Mui<\/strong>, deputy director of the Financial Services Bureau, cited global economic conditions and changes in tourist consumption patterns as factors.
<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Analysts expect Macau GGR to rise by as much as 17 per cent in December<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Macau\u2019s gross gaming revenue for 2024 was US$28.39bn.<\/p>\n","protected":false},"author":226,"featured_media":777034187,"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 2024 Gross Gaming Revenue (GGR) reached US$28.39bn, a 23.8% year-on-year increase, significantly boosting gaming tax revenues for social development and tourism. Despite this robust performance, the Legislative Assembly has revised down its 2025 GGR forecast to MOP228bn and corresponding tax revenue by 5%, citing global economic conditions and evolving tourist consumption patterns. This adjustment signals a more conservative outlook for the coming fiscal year.","focusai_entities":"Macau Legislative Assembly, Gaming Inspection and Coordination Bureau, Financial Services Bureau, Ho In Mui","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"2025 GGR Forecast Impact","query":"What specific global economic conditions and shifts in tourist consumption patterns led the Macau Legislative Assembly to reduce its 2025 GGR forecast by 5%?"},{"label":"Tax Revenue Allocation","query":"How do the revised 2025 GGR forecasts impact the projected allocations for urban development, tourism promotion, and social security funds in Macau, given the fixed percentage distribution?"}],"footnotes":""},"categories":[16338,163],"tags":[20582,23908,23906],"class_list":["post-777034183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-dicj","tag-gaming-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777034183","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777034183"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777034183\/revisions"}],"predecessor-version":[{"id":777034192,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777034183\/revisions\/777034192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777034187"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777034183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777034183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777034183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}