Gaming tax receipts fall 47.9 pct in Jan-April: govt

2020-05-12 12:41
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The government's receipts from gaming taxes fell 47.9 percent year-on-year to 20.5 billion patacas (US$2.56 billion) in the first four months of the year, the Financial Services Bureau (DSF) announced today. 

According to DSF data, gaming tax receipts accounted for 85.6 percent of the government's total current revenue of 23.9 billion patacas between January and April, down 13.6 percent year-on-year. 

The government's total expenditure rose 42.2 percent to 23.39 billion patacas, resulting in a surplus of 15.9 billion patacas. Public investment increased 18.9 percent to 1.18 billion patacas in the first four months of the year. 

Macau's economy has been severely affected by the COVID-19 epidemic since late January. 

 

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