From January to September 2024, the total amount of gambling tax in Macau reached 66.4 billion patacas
According to official figures, total tax revenues from January to September 2024 exceeded the amount collected during the same period in 2023 by 45.1%. Specifically, in September alone, Macao's gaming sector contributed about 7.62 billion patacas (around $910 million), marking a 6.4% increase from August.
The gaming industry remains the largest taxpayer in Macao, accounting for 83.1% of the total fiscal revenue, which reached 79.92 billion patacas (approximately $9.6 billion) in the first nine months of this year.
The government's budget plan for 2024 anticipates gaming tax revenues to reach nearly 83.61 billion patacas (over $10 billion). The amount contributed to the treasury from January to September represents 79.4% of this projected figure.
In January 2023, new decade-long licenses for operating gaming businesses came into effect in Macao. Since then, the effective tax rate on gross gaming revenue has been set at 40%.
Meanwhile, Macao has elected a new head of the executive branch, Sam Hou Fai, who will take office on December 20 of this year. During his campaign, Fai emphasized the need to ensure the healthy development of the gaming industry.
The new city leader has already received congratulations from casino operator Sands China Ltd., which stated that the company is unwaveringly committed to supporting the Macao government's vision for an integrated tourism and leisure industry.
It is worth noting that premium players in Macao spent a record 27.2 million Hong Kong dollars at casinos in early October.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
