Macau casinos pay 55% more gaming tax in October as revenues start to rise
Friday 13 de November 2020 / 03:33
⏱ 1 min read
(Macau).- The Macau SAR Government collected around MOP$935.4 million (US$117.1 million) in gaming taxes in October, a 54.8% increase over the MOP$604.2 million (US$75.6 million) collected in September but still leaving it well below budget.
According to figures published by the Financial Services Bureau on Wednesday, gaming tax for the first 10 months of the year amounted to MOP$24.35 billion (US$3.05 billion) – up from the MOP$23.41 billion (US$2.93 billion) it had collected as of the previous month.
Despite the improvement, which reflects rising revenues for Macau’s gaming concessionaires following the easing of border restrictions with mainland China and the resumption of the Individual Visit Scheme from 23 September, the government has collected just 48.7% of the MOP$49.98 billion (US$6.26 billion) it had planned for at this stage under a revised budget outlined earlier this year. The pre-COVID budget for 2020 had originally been set at MOP$98.22 billion (US$12.30 billion).
Gaming taxes through October are barely a quarter of the MOP$94.04 billion (US$11.77 billion) collected over the same period in 2019.
Despite this, the government has still recorded a surplus of MOP$11.20 billion (US$1.40 billion) over the first 10 months of 2020, down from a surplus of MOP$48.0 billion (US$6.01 billion) at the same time last year.
Macau’s Gaming Inspection and Coordination Bureau recently reported a 72.5% year-on-year decline in gross gaming revenue in October to MOP$7.27 billion (US$911 million), significantly improved after six months of GGR declines of over 90%.
Categoría:Casino
Tags: Sin tags
País: Macao
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
Reusable Identity and Smoother Access: JUMIO’s Approach at Peru Gaming Show 2026
(Lima, SoloAzar Exclusive).- Peru Gaming Show (PGS) 2026 hosted the conference “Reusable Identity: Less Friction, More Play – How to Simplify Player Access,” led by Pilar Pereira, Director of Strategic Alliances at JUMIO. She explained how the evolution of digital identity is transforming user experiences on online betting platforms amid strong global growth in the sector.
Friday 03 Jul 2026 / 12:00
Andres Troelsen: "Peru remains one of EGT Digital's strategic markets in LATAM"
(Lima, SoloAzar Exclusive).- Following his participation in the Peru Gaming Show, Andres Troelsen, Regional Sales Director LATAM of EGT Digital, reflects on the company's priorities in the region, the evolving demands of operators, and the opportunities emerging across the Latin American gaming market for EGT Digital.
Friday 03 Jul 2026 / 12:00
Gaming Taxation in Latin America: Experts Warn of Excessive Levies
(Lima, SoloAzar Exclusive).- As part of the Peru Gaming Show (PGS) 2026, the panel “Taxation: Gaming Taxes in Latin America” brought together leading specialists to analyze the fiscal challenges facing the gaming industry in the region. Moderated by Carlos Fonseca, the discussion featured Tomás García Botta (MF Estudio) and Carlos Baeza (Baeza & Cía.). The experts agreed that excessive tax burdens not only discourage investment but also reduce channeling toward the regulated market and foster the growth of illegal offerings in various Latin American countries.
Wednesday 01 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
