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Macau gaming promoter says foreign-bet tax rebates have had little impact

Regulation

Macau’s Professional Association of Gaming Promoters president U Io Hung said the tax rebate scheme for revenue from foreign gamblers has produced little impact. The Macao Government Tourism Office confirmed that approved tax breaks rose in 2024, but disclosed no figures; the scheme permits rebates of up to 5% on eligible revenue.

The scheme’s reported uptake and criticism bear on concessionaires’ incentives to attract international gamblers.

End-of-day close MGM Resorts (MGM), USD, to 17 April 2025
Story date21 January 202517 April 2025

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