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Macau Expects to Break Record

MACAU – As reported by Xinhuanet: "Macau's income from direct gaming tax is expected to reach 16 billion patacas (US $2 billion) this year, a new high in the history, local media reported Monday.

"Macau Post Daily quoted Tam Pak Yuen, Macau's Secretary for Economic and Finance, as saying that the year-on-year growth of the casino tax income will thus amount to around 8.8 percent.

"The government collected 14.74 billion patacas (US$1.84 billion) in the direct gaming taxes in 2004, according to the newspaper…"

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