Direct taxes from gaming accounted for almost 80% of the Macau government’s total revenue in 2018, which stood at around US$16.6 billion.
The Macau government ended 2018 with a fiscal surplus of US$6.66 billion for the full year.
The government taxes the gross gaming revenue (GGR) of the casinos in Macau at a rate of 35%, but other levies on gaming make the rate of tax 39%, in effect.
Aggregate GGR in Macau in full calendar year 2018 amounted up to US$37.45 billion, up 14.0% year-on-year, according to the data released by Macau’s casino regulator, the Gaming Inspection and Coordination Bureau.
Source: GMB