Macau candidate says he will study gaming tax, revenue concerns

07/15/2009 | (China)

If selected as chief executive of Macau Special Administrative Region, Chui Sai On -- the only candidate for the post -- said he will study the region's declining gaming revenues and gaming tax. Currently, casinos must pay 40% of their total revenues in gaming taxes and mandatory contributions. The economy and visa restrictions have contributed to a 12% decline in Macau's gaming revenue for the first half of this year. Meanwhile, plans to build additional casinos have also stalled.

View Full Article in: (China)

Published in Brief: