QUA 21 DE AGOSTO DE 2019 - 10:56hs.
Full year

Macau gaming tax revenue up 14% in 2018

According to official data from the Financial Services Bureau, Macau collected approximately US$13.21 billion in direct taxes on gaming in the city in full calendar year 2018, up by 13.6% when compared to the previous year. The government expects to collect US$11.25 billion in direct taxes on gaming this year, according to its budget for 2019, presented in late November.

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