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Gaming tax in Macao exceeds $400 million in Nov.

(Xinhua)
Updated: 2008-12-17 21:19

MACAO -- Macao recorded 3.2 billion patacas ($ 400 million US) in direct tax income from gaming in November 2008, according to the figures released on Wednesday by the Financial Services Bureau (DSF) of the Special Administrative Region (SAR).

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The SAR's direct gaming tax income for November increased by 630 million patacas ($79.7 million), compared with October, the DSF said.

Direct gaming tax income for the first 11 months amounted to 36.82 billion patacas ($4.7 billion), which was 20 percent higher than the expected tax income for the whole of 2008.

For the first 11 months of this year, the SAR's total public revenues stood at 47.73 billion patacas ($6.04 billion), while total expenditure recorded in the same period amounted to 19 billion patacas ($2.4 billion), leading to the overall surplus of nearly 29 billion patacas ($3.67 billion) in the period.