"GGR" Tag Results

By Grant Mahon

No Tax Breaks for Macau Casino Operators

February 25, 2020

The recent coronavirus outbreak in China recently saw to the temporary suspension of casino operations in the city of Macau. This move was intended to mitigate against the possible spread of the virus after 10 people in the region were infected after the outbreak. Fortunately, the temporary shut down seems to have served its purpose […]

By Tomas Medon

Dull Projections for Macau’s GGR in 2020

November 19, 2019

Macau has long been considered one of the most lucrative gambling markets in the world. There have, of course, been a few setbacks but the gaming territory has managed to recover almost each and every time. Despite that, stakeholders in the territory’s gambling business who are hoping to make some money in 2020 may have […]

By Alexander Palmer

Macau Sees 6 Percent Increase in Gaming Tax Revenue in Q1 of 2019

April 24, 2019

While gaming activity in Macau took a bit of a dive in the first three months of 2019, tax revenue collected by the authorities did not. The region’s Financial Service Bureau reports that the city collected more than $3.67 million in tax revenue from the thriving gambling industry in the first quarter of the year. […]