The Macau government saw its direct gaming tax revenue rise 18.1% year-on-year through the first seven months of 2018 to MOP$65 billion, according to latest numbers released by the Financial Services Bureau.
The increase includes a 9.6% increase in gaming tax revenue in July to MOP$11.21 billion, reflecting a recent slowdown in GGR growth in Macau. As reported previously by IAG, Macau’s gaming operators raked in revenue of MOP$25.33 billion in July, up 10.3% on the same month in 2017.
Gaming taxes between January and July represented 82.7% of all government revenue for the period with the public surplus now sitting at MOP$32.2 billion, up 31.0% over the same time last year and representing a whopping 464.8% of the government’s 2018 surplus budget.
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