• Flexi Group

Macau gambling tax collection plummets by more than 50 percent in April

April tax income collected directly from gaming operators by the Macau SAR Government decreased by 53.9 percent year-over-year to barely MOP$1.48 billion (US$183 million), showing a considerable decline in gaming revenues in previous months.

According to data supplied by the Financial Services Bureau, April's gaming tax was 50.1% less than March's tax of MOP$3.0 billion (US$371 million) and compared to tax of MOP$3.21 billion (US$397 million) in April 2021.

Macau's gross gaming revenues hit an 18-month low of MOP$3.67 billion (US$459 million) in March and a 19-month low of MOP$2.68 billion (US$335 million) in April, as previously reported by IAG.

Direct gaming taxes for the first four months of 2022 totaled MOP$10.21 billion (US$1.26 billion), a decrease from MOP$12.38 billion (US$1.53 billion) a year earlier and represented just 20.5% of the MOP$49.76 billion (US$6.16 billion) the government had projected for FY22.

The government had earlier reported that tax income received directly from Macau's casino operators in 1Q22 amounted to MOP$8.73 billion (US$1.08 billion).

Macau's gaming taxes consist of a 35% "special gaming tax" paid directly to the Macau government and a 4% "other charges" comprised of a 1.6 percent levy that funds the Macao Foundation's cultural, social, economic, educational, scientific, academic and philanthropic activities and a 2.4 percent contribution (1.4 percent for SJM) to the urban construction, tourism and social security fund.


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