Macau gaming tax take up 8.9% to US$967 million in June

The Macau SAR government recorded revenue from gaming tax of MOP$7.78 billion (US$967 million) in June, up 8.9% compared with May’s gaming tax revenue of MOP$7.15 billion (US$889 million) and 29.0% higher year-on-year.

The June figure reflects Macau’s gross gaming revenue from the month of May, with the Gaming Inspection and Coordination Bureau having previously reported May GGR of MOP$20.2 billion (US$2.52 billion).

For the first six months of 2024 combined, gaming tax has amounted to MOP$44.8 billion (US$5.57 billion), an increase of 67.2% compared with the same period last year, according to information from the Financial Services Bureau (DSF).

The Macau SAR government has estimated that gaming tax revenue for FY24 will be around MOP$83.6 billion (US$10.4 billion), with the budget execution rate from January to June currently standing at 53.6%.

The government’s total revenue for the first six months of this year amounted to MOP$52.4 billion (US$6.51 billion), a year-on-year increase of 56.4%. The special gaming tax from concessionaires has accounted for 85.5% of the total.