NO MACAU OP YET ASKED GGR TAX RATE EXEMPTION

None of Macau’s six gaming concessionaires have so far applied for a form of “exemption” from the full 40-percent tax rate on casino gross gaming revenue (GGR), as potentially applicable – under the new concession system – to gambling by foreign players. That is according to Lei Wai Nong (pictured, centre), Secretary for Economy and Fi