Macau’s gambling disorder cases rise in 1H24
Macau’s Social Welfare Bureau (IAS) has reported on the rise of gambling disorder cases for the first half of the year.
Macau is an autonomous region on the south coast of...
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Macau
Macau’s gaming tax income hits 58% rise
In the first seven months of 2024, Macau's income from gaming taxes rose by 58%, marking a MOP of 51.6bn, equal to US $6.4bn.Across the Pearl River Delta from Hong Kong,...
The new law results in Macau casino stocks drop
Stocks in Macau casinos dropped as the world's largest gambling hub plans to tighten regulations on illegal money exchange activities.As a result, the Galaxy...
Macau’s revenue is improved despite the month’s weak start
This month, Macau is expected to bring in MOP 18.5 billion (US$2.3 billion) in gross gaming revenueDS Kim, Mufan Shi, and Selina Li from JP Morgan believe that the gaming...
Macau’s June gaming tax up 8.9% to $967M
In June, the Macau SAR government reported gaming tax revenues of MOP$7.78 billion (US$967 million), marking an 8.9% rise from May's MOP$7.15 billion (US$889 million) and a...
June sees decline in Macau’s GGR
Macau's gross gaming revenue (GGR) in June was $2.21 billion, down 12.4 percent from $2.51 billion in May.The Gaming Inspection and Coordination Bureau (DICJ), the local...
Macau SAR reports surge in gaming tax revenue
The Macau SAR government reported an increase in gaming tax revenue from January to May, with the fiscal year's budget execution progressing as planned.
According to the...
Report warns of money laundering risk in Asia-Pacific casinos
A collaborative report conducted by the Ministry of Home Affairs, the Monetary Authority of Singapore, and the Ministry of Finance highlighted the casino sector's enormous...
Macau limits gambling’s GDP share for diversified Economy
According to information recently released by Macau's Chief Executive, Ho Iat Seng, the gaming sector accounts for 36.2% of Macau's GDP in 2023. This resonates with the...