June 16, 2006 | Xinhua News |The government of the Macau Special Administrative Region has collected 7.7 billion patacas (US$963 million) in direct gaming taxes in the first five months, a year-on-year rise of 17.4 percent.
The statistics issued Friday by the Finance Services Bureau (FSB) showed that the gaming taxes accounted for 73.8 percent of the government total revenue in the period.
Macau's direct gaming taxes reached a record 16.56 billion patacas (US$2.07 billion) in 2005, a year-on-year rise of 12 percent, according to official statistics issued earlier this year.
Macau's 21 casinos pay 35 percent of their gross receipts as direct tax to the government.
The region, with a population of nearly 500,000, has a 150-year history of gaming industry and is the only part of China where casino gaming is legitimate.
Related Posts- Macau Visitors Arrivals up 15.4%
Macau continues the rising trend in visitors arrivals. Based on the latest figures some 58,000 visitors a day, up from... - Interesting Times For MGM Mirage And James Packer
Nevada gaming regulators are set to examine the Macau links between MGM Mirage and the daughter of 84-year-old Macau casino... - Gaming licencees published annual accounts (Update 3)
May 20, 2006 - The three gaming concessionaires in Macau published their annual accounts for 2005 on the Government Gazette...
- Macau News December 2006
PacificNet seals deal with Lisboa Casino Lisboa has selected PacificNet Games Limited as provider of its multi-player electronic gaming machines, with 120 units to be... - How Much Does A Dog Cost?
[/caption]My wife and I have been thinking about getting a dog for over a year now. It seems that whenever we think about it seriously,... - Sometimes Saving Hurts! Declining Interest Rates Shouldn't Lead to Rate Chasing
This post was inspired by a post titled, âFNBO Direct Will Drop its Interest Rate to 1.9% APY, Considering SmartyPig with 3.25% APY?â on one...









