The Macau SAR Government collected gaming tax revenue of MOP$1.58 billion (US$195 million) in January, representing a 51.5% decline on the same month in 2022. It was, however, 28.5% higher than December’s tax take of MOP$1.23 billion (US$153 million), according to figures from the Financial Services Bureau (DSF).

Macau’s January gaming tax correlates to the December GGR figure of MOP$3.48 billion (US$435 million), which was 56.3% lower than December 2021. Gaming revenues in Macau did not start to pick up again until 8 January 2023, when most remaining COVID-19 border restrictions were dropped.

In announcing January’s tax figures, the DSF also revealed it has budgeted tax revenues of MOP$50.9 billion (US$6.3 billion) in 2023, slightly higher than the government’s 2022 tax budget of MOP$49.8 billion.