Financial Services Bureau of the city of Macau released on 16 November 2023 the data on the financial impact of the Macau gaming industry on the governmental operations. According to the Bureau, the Macau government collected MOP51.55 billion (US$6.42 billion) in gaming tax revenues from January through October 2023, GGRAsia reports.
US$ 6.42 Billion Tax Revenues:
According to the source, the tax revenue performance for the first ten month of 2023 arrived at the 215.7% higher level than the same period in 2022. As reported, the year 2022 featured the Covid-19 -associated travel restrictions that heavily affected the city’s gaming industry. The growth coincided with the January 8, 2023 opening of the gambling properties aft…