Revenues from the government’s direct gambling tax fell 37.1% year-on-year to MOP 13.96 billion in the first seven months of the year, the Financial Services Department said.
The direct gambling tax accounted for 66.2% of the government’s current revenue from January to July.
Macau casinos pay 35% of their gross gaming revenue (GGR) to the government in direct tax. They pay the Treasury an additional 5% of the GGR as a levy for various social, economic and cultural development purposes.
In the first seven months of 2022, total government revenue, including current and capital income, decreased by 4% year-on-year to reach MOP58.07 billion.
The government’s total expenditure fell by 2.6 per cent to MOP47.9 billion between January and July, with the current budget running a surplus of MOP10.1 billion, the Macau Post Daily reported.