Macau has enjoyed a robust gambling tax revenue for the first five months of the year, thanks to resurgence of its integrated resorts.
Gross gaming revenues of Macau integrated resorts have been surprising investment analysts for the past months, growing 15.8 percent to MOP106.38 billion (US$13.25 billion) during the January to May 2017 period.
The robust gaming revenue figure in the world’s premier gambling destination has trickled down to Macau government as it reported a 12.4 percent year-on-year increase in gaming taxes during the first five months of the year.
Data from Macau’s Financial Services Bureau show that the former Portuguese enclave raked in MOP37.12 billion (US$4.64 billion) worth of gaming taxes between January and May 2017, higher than the MOP33.03 billion collected in the same period of 2016.