Information from Macau’s Financial Services Bureau (DSF) shows that the government’s gaming tax revenue in November reached MOP$8.0 billion (US$999 million), up 6.4% year-on-year and some 20.3% higher than in October.
The November tax figure correlates to Macau’s gross gaming revenues for the month of October, when GGR hit a new post-pandemic high of MOP$20.8 billion (US$2.60 billion).
Between January and November this year, gaming tax revenue reached MOP$81.05 billion (US$10.1 billion), up 37.2% year-on-year and achieving 96.9% of the government’s FY24 gaming tax estimate of MOP$83.6 billion (US$10.4 billion).
Total government revenue for the first 11 months of the year combined was MOP$100.5 billion (US$12.5 billion), which is 98.5% of the government’s estimated total revenue of MOP$102.3 billion (US$12.7 billion) for this year. Gaming tax accounted for 80.6% of the government’s total revenue during the 11-month period.
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