The amount of tax revenue collected by the Macau SAR Government from the city’s six casino concessionaires reached MOP$1.56 billion (US$194 million) in November, 10.4% lower than the same month last year but 28.9% higher than the MOP$1.21 billion (US$150.3 million) collected in October.
The year-on-year decline comes as Macau continued to battle the impact of COVID-19 outbreaks across mainland China during the latter months of 2022, which further impacted visitation and gaming revenues which were already subdued as a result of the pandemic.
The November figure correlates to Macau’s October GGR figure of MOP$3.90 billion (US$481.6 million, which was down 10.7% year-on-year but 31.4% higher than September, when GGR was MOP$2.96 billion (US$365.5 million).
