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.
An increase is generally tied to higher gaming revenue, but an increase as a percentage of revenue indicates a higher regulatory tax burden.
This metric represents the specific taxes levied by the Macao government on gaming revenue. These taxes are typically a...
Comparable to gaming excise taxes or gross gaming revenue levies in other regulated gaming jurisdictions.
lvs_segment_macao_gaming_taxes| Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '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% |