Macau gaming tax revenue Jan-April a quarter of annual target

Macau collected MOP12.38 billion ($1.3 billion) in gaming tax revenue from the industry in the four months to April, which is 24.8 percent of its budget target for the year. The government is seeking to raise MOP50.00 billion from the industry this year. The figure to April was down from the MOP20.52 billion collected in the same period last year. Macau levies tax at 39 percent of gross gambling revenue, one of the highest in the world. Macau Financial Services Bureau