{"id":8259,"date":"2021-09-14T00:00:00","date_gmt":"2021-09-14T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/"},"modified":"2021-09-14T00:00:00","modified_gmt":"2021-09-14T00:00:00","slug":"gambling-situation-looking-good-for-macau-government","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/","title":{"rendered":"Gambling situation looking good for Macau government"},"content":{"rendered":"<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">Taxes on the Macau gambling industry generated MOP22.2bn (US$2.7bn) in revenue for the government during the first seven months of the year, 44% of the MOP50bn figure the government had estimated for the full year.<\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">According to its budget plan, Macau&rsquo;s government hopes to collect MOP50.01bn in taxes for the year 2021. However, gambling tax revenue for the first half was down 9.8% when compared to the same period last year.<\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:20.0pt\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">Lei Wai Nong, secretary for economy and finance, said last month that regardless of the poor gaming results in the first half of the year, the SAR would still finish 2021 with the previously projected tally. <\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">According to authorities, 2021 could end with some MOP130m in GGR although aggregate casino GGR for the first eight months of the year totals MOP$61.91bn.<\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">The government collected nearly MOP3bn in gambling taxes in August, a month marked by local cases of Covid-19 and hundreds of cancelled flights.<\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">Fitch Ratings Inc has predicted that Macau&rsquo;s GGR will be 65% below that of 2019, when the city registered MOP292.4bn (US$36.5bn) in GGR. According to analysts, Macau will reach MOP102.4bn.<\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"background-color:white\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#333333\">No Copyright infringement intended. Video\/Photo Unknown Direct for credits\/issue or text us +57 3606412 &#8230;&nbsp;<\/span><\/span><\/span><span style=\"background-color:white\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#333333\">| Respect to Photographers &amp; Influencer<\/span><\/span><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to its budget plan, Macau\u2019s government hopes to collect MOP50.01bn in taxes for the year 2021.<\/p>\n","protected":false},"author":1,"featured_media":5595,"menu_order":369,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[4157],"class_list":["post-8259","asia","type-asia","status-publish","format-standard","has-post-thumbnail","tag-macau-gross-revenue-figures-about","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gambling situation looking good for Macau government - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gambling situation looking good for Macau government - Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:description\" content=\"According to its budget plan, Macau\u2019s government hopes to collect MOP50.01bn in taxes for the year 2021.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/\" \/>\n<meta property=\"og:site_name\" content=\"Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/gambling-situation-looking-good-for-macau-government.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/\",\"name\":\"Gambling situation looking good for Macau government - Mundo Video Entertainment | Casino News in Latin America and the World\",\"isPartOf\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/gambling-situation-looking-good-for-macau-government.jpg\",\"datePublished\":\"2021-09-14T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/#primaryimage\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/gambling-situation-looking-good-for-macau-government.jpg\",\"contentUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/gambling-situation-looking-good-for-macau-government.jpg\",\"width\":800,\"height\":533,\"caption\":\"Gambling situation looking good for Macau government\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/www.mundovideo.com.co\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Asia News\",\"item\":\"https:\/\/www.mundovideo.com.co\/en\/asia\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Gambling situation looking good for Macau government\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/#website\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/\",\"name\":\"Mundo Video Entertainment | Casino News in Latin America and the World\",\"description\":\"Gambling news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.mundovideo.com.co\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gambling situation looking good for Macau government - Mundo Video Entertainment | Casino News in Latin America and the World","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/","og_locale":"en_US","og_type":"article","og_title":"Gambling situation looking good for Macau government - Mundo Video Entertainment | Casino News in Latin America and the World","og_description":"According to its budget plan, Macau\u2019s government hopes to collect MOP50.01bn in taxes for the year 2021.","og_url":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/","og_site_name":"Mundo Video Entertainment | Casino News in Latin America and the World","og_image":[{"width":800,"height":533,"url":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/gambling-situation-looking-good-for-macau-government.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/","url":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/","name":"Gambling situation looking good for Macau government - Mundo Video Entertainment | Casino News in Latin America and the World","isPartOf":{"@id":"https:\/\/www.mundovideo.com.co\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/#primaryimage"},"image":{"@id":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/gambling-situation-looking-good-for-macau-government.jpg","datePublished":"2021-09-14T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/#primaryimage","url":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/gambling-situation-looking-good-for-macau-government.jpg","contentUrl":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/gambling-situation-looking-good-for-macau-government.jpg","width":800,"height":533,"caption":"Gambling situation looking good for Macau government"},{"@type":"BreadcrumbList","@id":"https:\/\/www.mundovideo.com.co\/en\/asia\/gambling-situation-looking-good-for-macau-government\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/www.mundovideo.com.co\/en\/"},{"@type":"ListItem","position":2,"name":"Asia News","item":"https:\/\/www.mundovideo.com.co\/en\/asia\/"},{"@type":"ListItem","position":3,"name":"Gambling situation looking good for Macau government"}]},{"@type":"WebSite","@id":"https:\/\/www.mundovideo.com.co\/en\/#website","url":"https:\/\/www.mundovideo.com.co\/en\/","name":"Mundo Video Entertainment | Casino News in Latin America and the World","description":"Gambling news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mundovideo.com.co\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/asia\/8259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/asia"}],"about":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/types\/asia"}],"author":[{"embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/comments?post=8259"}],"version-history":[{"count":0,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/asia\/8259\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/media\/5595"}],"wp:attachment":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/media?parent=8259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/categories?post=8259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/tags?post=8259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}