Monday, April 15, 2024 - Login

Macau lawmaker proposes easing of gaming tax


A Macau lawmaker has proposed a lowering of gaming tax to increase the region’s competitiveness, said Bernstein in a note on Tuesday.

Macau legislator, Mak Soi Kun recently proposed the tax change in order to better compete with Philippines and Singapore, which have lower gaming tax rates.

Mak proposed a move to a “point system”, which could provide tax incentives for concessionaires that successfully implement “socially responsible and non-gaming related projects”

However, Bernstein says “any change in gaming tax rates is highly unlikely to occur before the concession.”

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief