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Macao's Casino Tax Income Soars

22 August 2005

MACAO – As reported by the Xinhau: "Macao's income from direct gaming tax rose 23.4 percent year-on-year in the first seven months of this year, according to statistics issued Monday.

"Statistics released by the Finance Service Bureau showed that the gaming tax reached 9.5 billion patacas (US$1.19 billion) during this period. The direct gaming tax payments made up 76.2 percent of the government's total income between January and July…"

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