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Macau Gambling tax revenue up 16 percent in first half
Tuesday July 15 ,2014 : MACAU GOVERNMENT BENEFITS FROM GAMBLING IN FIRST HALF OF 2014
Gambling tax revenue up 16 percent in first half.
The Macau regional government has continued to profit handsomely from the consistently high tax income received from the Chinese island's land gambling activity, rising 16 percent in the first half to MOP71.03 billion ($8.9 billion), according to Financial Services Bureau figures this week.
Gambling taxes have already reached some 60 percent of the government's target for direct taxes from the industry this year of MOP117.84 billion.
Direct taxes from other sources were up 28 percent to MOP1.44 billion.
For the six months to end June, the government’s total revenue was $83.44 billion and its total surplus for the period was MOP60.46 billion.
Growth in gambling revenue reported by Macau’s land casino operators fell for the first time in five years in June, dropping 3.7 percent, which analysts attributed to the distraction of the World Cup football
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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