• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Tuesday 24 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Macau gaming tax revenue falls 12.2% through February

Jane Ka Cheng Wong by Jane Ka Cheng Wong
Tue 10 Mar 2020 at 04:30
19
SHARES
441
VIEWS
Print Friendly, PDF & Email

The amount of gaming tax collected by the Macau SAR government fell 12.2% year-on-year to MOP$17.23 billion in January and February combined, according to latest data from the Financial Services Bureau.

January’s direct tax revenue was MOP$8.84 million, down 13.5% year-on-year after GGR declined 11.3% to MOP$22.1 billion in January. February’s gaming tax revenue is listed at MOP$8.39 billion despite GGR plummeting 87.8% to MOP$3.1 billion due to the impact of COVID-19 and the 15-day closure of casinos. The government has since stated it has no plans to cut Macau’s gaming taxes.

The Statistics and Census Service also revealed on Monday that the average earnings of full-time employees in the gaming sector was MOP$24,640 in December 2019, up 3.8% compared with December 2018. The number of full-time employees in the gaming sector increased by 1.7% to 58,225, with the number of dealers rising 3% to 25,459.

However, in the fourth quarter of 2019, the total number of new hired employees in the gaming sector fell 25.5% year-on-year to 1,294.

The decline was due to a slowdown in demand for manpower in the gaming industry after the job vacancy rate dropped by 1.5 percentage points, with the employee recruitment rate down by 0.8 percentage points to 2.2%.

Share8Share1
Jane Ka Cheng Wong

Jane Ka Cheng Wong

Jane Ka Cheng Wong is a journalist who joined Inside Asian Gaming after working for local Macau media for many years. As part of the IAG team she covers Macau-based stories relating to politics, gaming, IRs and local associations among other topics. Jane is intrigued by unique scenarios, vibrant cultures and different people, and hopes to continue exploring new places around the world in the future.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

SABA Sports to highlight global scale and strength at SBC Summit 2025

SABA Sports to highlight global scale and strength at SBC Summit 2025

by Newsdesk
Tue 24 Jun 2025 at 15:05

In the lead-up to SBC Summit 2025, SABA Sports is reinforcing its standing as one of the industry’s most established and performance-driven sportsbook providers. With nearly three decades of operational experience, the brand continues to set the benchmark for scale,...

Women in Gaming & Hospitality Australasia names two new board members

Star announces six key executive appointments, Helen Galloway named Independent Chair of The Star Sydney

by Ben Blaschke
Tue 24 Jun 2025 at 14:22

Australia’s Star Entertainment Group has announced the appointment of six key executive and director appointments, including former Las Vegas Sands executive Helen Galloway as Independent Chair of The Star Sydney and hotels veteran Jennifer Cronin as Interim CEO of The...

Emperor Group to target Macau’s premium mass market after 2019 revenue decline

Emperor Entertainment sees Macau gaming segment’s revenue contribution rise in FY25 just as satellite casino era nears its end

by Ben Blaschke
Tue 24 Jun 2025 at 06:50

Emperor Entertainment Hotel Limited, operator of Macau’s Grand Emperor Hotel, saw the share of revenue contributed to the group by its gaming segment increase to more than 60% in the year ended 31 March 2025 – just as the Macau...

Global operators asked to register interest as New Zealand moves forward with online gambling regulation

Global operators asked to register interest as New Zealand moves forward with online gambling regulation

by Newsdesk
Tue 24 Jun 2025 at 06:25

New Zealand’s Department of Internal Affairs has issued a call for international online casino operators to register their interest as the government prepares legislation to introduce regulated online gaming. In a statement issued Monday, Trina Lowry – New Zealand’s Online...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English