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Macau gaming tax revenues continuing to slump due to coronavirus

July 23, 2022
Source: worldcasinodirectory.com worldcasinodirectory.com
News Snapshot:
The government for the casino-laden enclave of Macau has reportedly warned that there seems to be no immediate end in sight to the ongoing local gaming tax shortfall caused by the coronavirus pandemic. According to a Thursday report from Inside Asian Gaming, this revelation came during a Legislative Assembly meeting convened with a view to amending the city’s ongoing annual budget as its casino pool begins partially re-opening following a two-week lockdown at the hands of the coronavirus pandemic. The source detailed that the former Portuguese enclave earlier forecast that it would collect around $6.15 billion in combined 2022 taxes...
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China Tech Buzz Topics: Casino | coronavirus | Economy | entertainment | finance | financial | gambling | gaming | government | IT | Macau | online game | Pandemic | Portugal | report | tax

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