Information from Macau’s Financial Services Bureau (DSF) shows that the government’s gaming tax revenue in August reached MOP$7.16 billion (US$891 million), a 4.8% month-on-month increase and up around 11% over the same month in 2023, when tax revenue reached MOP$6.44 billion (US$799 million).
The August tax figure correlates to Macau’s gross gaming revenues for the month of July, when GGR climbed by 5.1% month-on-month to MOP$18.6 billion (US$2.31 billion).
Between January and August this year, gaming tax revenue reached MOP$58.8 billion (US$7.32 billion), up 50.2% year-on-year and achieving 70.3% of the government’s FY24 gaming tax estimate of MOP$83.6 billion (US$10.4 billion).
Total government revenue for the first eight months of the year was MOP$69.81 billion (US$8.69 billion), which is 68.3% of the government’s estimated total revenue of MOP$102.3 billion (US$12.7 billion) for this year. Gaming tax accounted for 84.6% of the government’s total revenue during the eight-month period.
According to analysts, Macau’s GGR is unlikely to show much growth in September, partly due to seasonality but also impacted by recent typhoon activity that has impacted visitation.
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