Utilization fee payable by concessionaires to Macau government for use of reverted casinos to be determined by end of December
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The amount to be paid to the Macau government by the concessionaires to "rent" the casinos back from the government under the new concessions should be known by end of December.
The utilization fee for use of Macau's casino premises will be determined by the Macao Government at the end of this month. The fee will add to other payments to the government the concessionaires are liable for under their concession contracts. The total annual premium payable by Maca’s six concessionaire to Macas government would be MOP$1.182 billion (US$148 million). If MacAus GGR was to total Mop$130 billion in 2023, the total Ggr based taxes and charges payable next year by concessionaries would amount to MAPP$52 billion.
