Macau Gaming Revenue Continuous to Soar
Written on November 20, 2007 by admin
Total receipts and total expenditure of the Macau gaming sector amounted to US$ 7.25 billion and US$ 3.82 billion, up by 22% and 28% respectively over 2005. Gross value added, a measure of the sector’s contribution to the economy, rose by 22% to US$ 4.26 billion; gross fixed capital formation soared by 284% over 2005 to US$ 448 million.
Total receipts of the gaming sector reached US$ 7.36 billion in 2006, of which the receipts from gaming services amounted to US$ 7.31 billion, an increase of 22% compared with 2005. Interest receipts totalled US$ 41.5 million.
Total expenditure of the sector amounted to US$ 3.82 billion, of which purchase of goods and commission paid rose by 20% over 2005 to US$ 2.14 billion; meanwhile, operating expenses and compensation of employees reached US$ 907.50 million and US$ 622.50 million respectively, up notably by 26% and 61% year-on-year.
Source: Statistics and Census Service
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