Information from the Statistics and Census Service (DSEC) indicated that attributable to new opening of major hotels and gaming facilities in 2012, Receipts from Gaming & Related Services (e.g. food & beverage, currency exchange, etc.) increased by 13% year-on-year to MOP 306.49 billion; Expenditure amounted to MOP 134.53 billion, up by 11% year-on-year. Gross Value Added that measures the sectoral contribution to the economy reached MOP 186.45 billion, an increase of 16%; Gross Fixed Capital Formation soared by 42% year-on-year, at MOP 3.19 billion, owing to a substantial increase in construction projects and electronic gaming equipment. In 2012, Total Receipts of the Gaming Sector increased by 14% year-on-year to MOP 306.82 billion. Receipts from Gaming & Related Services amounted to MOP 306.49 billion; besides, rising cash flows brought about an upsurge in Interest Receipts, from MOP 139 million in 2011 to MOP 335 million, an increase of 141% year-on-year. Total Expenditure amounted to MOP 137.64 billion, up by 11% year-on-year. Expenses on Purchase of Goods, Commission Paid and Customer Rebate amounted to MOP 102.52 billion, up by 8%; Operating Expenses (MOP 17.54 billion) and Compensation of Employees (MOP 14.47 billion) also increased by 24% and 17% respectively year-on-year. On the contrary, Non-operating Expenditure (e.g. depreciation, interest paid, etc.) totalled MOP 3.11 billion, down by 1% year-on-year.
