The Macau Financial Services Bureau has released the central account data for January to October this year, revealing recurring revenue of MOP 88.99 billion, a year-on-year increase of 34.9%. Among this, gaming tax revenue amounted to MOP 73.044 billion, up 41.7% year-on-year, with an execution rate of 87.4%, accounting for 82% of recurring revenue.
For October alone, gaming tax revenue was about MOP 6.647 billion, a 12.8% decrease compared to the MOP 7.619 billion recorded in September.
The data further shows that the Macau government’s total revenue for the first 10 months of the year was approximately MOP 89.428 billion, representing a year-on-year increase of 17.1%. During the same period, total expenditure rose by 10.5% year-on-year to about MOP 75.65 billion. The current fiscal surplus stands at MOP 13.78 billion.
Gaming tax revenue accounted for 81.7% of the Macau government’s total revenue during the first 10 months of this year. As of the end of October, the government’s approved forecast for gaming tax revenue in 2023 remains unchanged at MOP 83.609 billion.
