Macau Legislative Committee Reviews Budget Execution as Gaming Tax Reaches MOP45.24 Billion in First Half
MACAU — The Legislative Assembly's public finance affairs follow-up committee reviewed the mid-year budget execution report on October 22, with lawmakers asking the government to explain the gaming tax outlook for the second half. Gaming tax revenue reached MOP45.24 billion in the first half, up 11.5% year on year, and MOP74.56 billion in the first nine months, up 5.9%.
Gross gaming revenue totalled about MOP187.1 billion in the first nine months. The government's full-year forecast stands at MOP236 billion, which Chief Executive Sam Hou Fai said on October 10 would not be revised — implying roughly MOP48.9 billion must be achieved in the fourth quarter to meet the target.
Gaming tax is the main source of Macau's public revenue, and its trajectory directly affects fiscal planning and public spending. The committee asked the government for a more detailed assessment of fourth-quarter market conditions and the revenue outlook.
Source: GSM · USA (original Chinese edition)
Photo: 澳门新葡京 / Grand Lisboa, Macao。图片：© Rob Young from United Kingdom / CC BY 2.0，Wikimedia Commons
