Macau’s VIP baccarat segment generated gross gaming revenue (GGR) of MOP16.89 billion (US$2.11 billion) in the third quarter of 2025, up 3.4 percent sequentially. The tally rose 29.1 percent year-on-year, according to data released on Thursday by the city’s casino regulator, the Gaming Inspection and Coordination Bureau.
GGR in the mass-market casino gambling segment – including slot machine play – stood at nearly MOP45.68 billion in Macau in the three months to September 30, up 7.4 percent from a year earlier. Judged sequentially, the tally was up 2.0 percent.
In the July to September period, VIP baccarat accounted for nearly 27.0 percent of all Macau GGR in the quarter.
For the third quarter of 2025, mass-market revenue – including slots – accounted for about 73.0 percent of the MOP62.57 billion aggregate GGR, showed the official data. Revenue from mass-market baccarat, at just under MOP36.50 billion, was about 58.3 percent of total Macau GGR for the period.
Slot machine revenue in the three months to September 30 was nearly MOP3.45 billion, representing a market share of circa 5.5 percent. It was up 10.5 percent from the prior-year period, but down 2.0 percent quarter-on-quarter.
Credit and market research provider CreditSights Inc said in a recent memo that it expects the Macau casino sector to be able to achieve the MOP228-billion GGR target set by the city’s government for full-year 2025.
“We see Macau in a decent position to achieve its 2025 GGR target, with only a monthly average GGR of MOP15.6 billion needed – versus a year-to-date monthly average of MOP20.1 billion – for the fourth quarter,” stated the institution.
The Macau sector’s aggregate GGR in the first nine months of 2025 reached MOP181.34 billion, a 7.1-percent increase from the prior-year period, according to official data.
