Geographic · Gaming taxes

Macao — Gaming taxes

Las Vegas Sands Macao — Gaming taxes increased by 14.4% to $840.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.8%, from $642.00M to $840.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2024
Last reportedQ1 2026

How to read this metric

An increase is generally tied to higher gaming revenue, but an increase as a percentage of revenue indicates a higher regulatory tax burden.

Detailed definition

This metric represents the specific taxes levied by the Macao government on gaming revenue. These taxes are typically a...

Peer comparison

Comparable to gaming excise taxes or gross gaming revenue levies in other regulated gaming jurisdictions.

Metric ID: lvs_segment_macao_gaming_taxes

Historical Data

7 periods
 Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$683.00M$682.00M$674.00M$642.00M$686.00M$734.00M$840.00M
QoQ Change-0.1%-1.2%-4.7%+6.9%+7.0%+14.4%
YoY Change-6.0%+0.6%+8.9%+30.8%
Range$642.00M$840.00M
CAGR+14.8%
Avg YoY Growth+8.6%
Median YoY Growth+4.7%
Current Streak3 quarters growth

Frequently Asked Questions

What is Las Vegas Sands's macao — gaming taxes?
Las Vegas Sands (LVS) reported macao — gaming taxes of $840.00M in Q1 2026.
How has Las Vegas Sands's macao — gaming taxes changed year-over-year?
Las Vegas Sands's macao — gaming taxes increased by 30.8% year-over-year, from $642.00M to $840.00M.
What does macao — gaming taxes mean?
The mandatory taxes paid to the government based on gaming revenue generated in Macao.