By The Weekly Edge desk ·
iGamingToday reported that Seaport Research Partners expected Macau GGR to grow 4.5% year-on-year in August and 11% in September. The brokerage anticipated delayed customer visits after World Cup disruption, while noting economic and weather uncertainties.
The forecast anticipates recovery after weaker July casino performance.
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Casino investors face contrasting performance within Macau’s mass market, with slot revenue growth accompanying an overall segment decline.
The proposed changes would address evidential obstacles authorities face when pursuing gambling-linked illegal currency exchange cases.
A review could affect how Macau authorities assess gambling-related unlicensed money exchange offences.
The tax total gives investors a measure of the gaming sector’s contribution to Macau’s public finances.
September's decline slowed growth in gaming taxes, which accounted for approximately 83% of Macau's central account receipts.