Macau(MNA) – The Macau government has collected MOP58.4 billion (US$7.2 billion) in gaming revenues in the first half of this year, an amount 1.8 per cent higher than the same period last year, data from the Financial Services Bureau (DSF).
In total, local authorities generated some MOP64.6 billion in revenue between January and June of this year, with the gaming sector has contributed to 90.3 per cent of it.
Meanwhile, the local government has incurred in MOP35.5 billion in expenses, a 5 per cent year-on-year rise, with the amount reaching about 35.8 per cent of public planned expenses for 2019.
The largest amount in expenses was generated by transfers, funding, and subsidies, with some MOP21.8 billion expended.
Still, the Macau government recorded a budget surplus of MOP30.5 billion as of the end of June, about 69 per cent higher than estimated.
