Gaming rose 17.5% year-over-year to $8.54 billion in the first nine months, representing about 80.9% of total state revenue.

According to preliminary figures from the Financial Services Authority of the former Portuguese residence, taxes for the period far exceeded $7.26 billion collected from more than 30 casinos in Macau in the first nine months. $4.64 billion represents a year-over-year increase of about 12.4%.

Macau imposes a 39% effective tax rate on casinos' total gaming revenue, which the government previously predicted would exceed $24.89 billion, which would result in a tax of about $8.94 billion.

The Macau government reported a fiscal surplus of just over $4.34 billion in the first nine months of 2017, up 61.9% year-on-year. Previous tax collection projections are now 95.5% complete, with the ultimate figure likely to reach $11.38 billion.

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