HONG KONG, July 1 - Gambling taxation in the Chinese soil of Macau grew 12.5 pct in June, thanks to solidness need from Chinese betters penetrative to sport in the country's but legal gambling casino hub.

June marks the 23rd month of sequent receipts gains in the quondam Portuguese colony, afterwards plunging to five-twelvemonth lows owed to retardation economic ontogenesis and a crackdown on subversion that began in 2014.

Official data showed revenues roseate to 22.49 jillion patacas ($2.78 billion) in June, Dewapoker (safarimoroccotours.com) though the addition underhung analysts' expectations of 17-21 percent increase. ($1 = 8.0210 patacas) (Reporting by Anne Marie Roantree; Redaction by Editing by Simon Cameron-Moore)

Advertisement