Receipts from Gaming & Related Services grew by 18.9% to US$33.15 billion, with receipts from gaming amounting to US$32.95 billion while F&B reached US$70 million.
At the same time, interest receipts fell 10.9% year-on-year to MOP 147 million due to a decrease in deposits.
According to the DSEC, total expenditure of the gaming sector also increased in the year, up 18.5 percent year-on-year, reaching MOP 114.9 billion.
Most of the total expenditure was made up by Purchase of Goods, Commission Paid & Customer Rebate, which rose 23% in the year, however, operating expenses, compensation of employees and nonoperating expenses increased in the year.
Gross Value Added, which measure the sectoral contribution to the economy, totaled MOP 179.07 billion, up by 17.6% year-on-year.
Following the completion of several large-scale tourism and gaming facilities in 2016, Gross Fixed Capital Formation of the gaming sector in 2017 plunged by 87.2% to MOP 949 million, it added.
Source: GMB / AG Brief
