The government’s receipts from gaming taxes fell 47.9 per cent year-on-year to MOP 20.5 billion (US$2.56 billion) in the first four months of the year, the Financial Services Bureau (DSF) announced today.
According to DSF data, gaming tax receipts accounted for 85.6 per cent of the government’s total current revenue of MOP 23.9 billion between January and April, down 13.6 per cent year-on-year.
The government’s total expenditure rose 42.2 per cent to MOP 23.39 billion, resulting in a surplus of MOP 15.9 billion. Public investment increased 18.9 per cent to MOP 1.18 billion in the first four months of the year.
Macau’s economy has been severely affected by the COVID-19 epidemic since late January.
(The Macau Post Daily/Macau News)