Macau gambling tax revenue sinks by 56pc in five months - News Summed Up

Macau gambling tax revenue sinks by 56pc in five months


Macau's tax revenue from the gambling industry plunged by 56.5 percent year-on-year to 21 billion patacas (HK$20.34 billion) during the first five months this year, according to data from the Financial Service Bureau of Macau. This was only 42.09 percent of the initial budget for the period. Tax revenue from gambling accounted for 83.39 percent of current revenue in the first five months this year.


Source: The Standard June 08, 2020 08:48 UTC



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