To attract more players to the former Portuguese enclave, Macau must do a Singapore.

And by doing a Singapore, Wang Changbin of Gaming Teaching and Research Centre of the Macao Polytechnic Institute explained that Macau needs to make gambling tax cuts.

Under the present model, overall Macau casinos’ tax burden equates to an average of 39 percent on all gambling revenues, although the exact rate may vary based on the exact nature of the gambling and the clientele.

This pales in comparison to the Singapore model, which levies 15 percent gaming tax on mass-market play and 5 percent on VIP play – plus 7 percent Goods and Services Tax in both cases