• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau mass GGR takes lead in 1Q19, VIP down 13pct

Apr 16, 2019 Newsdesk Latest News, Macau, Top of the deck  


Macau mass GGR takes lead in 1Q19, VIP down 13pct

VIP baccarat was a drag on Macau’s casino gross gaming revenue (GGR) performance in the first three months of 2019, falling 13.4 percent from the prior-year period. The rate of VIP decline was offset by the 16.1-percent growth recorded for GGR in the mass segment – inclusive of slot machine revenue – showed data issued on Tuesday by the city’s regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ.

Gaming bureau data showed that first-quarter aggregate VIP GGR was MOP37.21 billion (US$4.61 billion), compared to nearly MOP43.0 billion in the same quarter a year earlier.

In the breakdown of first-quarter 2019, mass-market GGR including slots was MOP38.94 billion, compared to MOP33.55 billion a year earlier. Mass-market revenue as a proportion of all casino GGR in the period stood at 51.14 percent, taking the lead in the Macau market for the first time.

VIP baccarat revenue as a proportion of all casino GGR in the period stood at 48.86 percent in the three months to March 31. In the preceding fourth quarter it had been 53.32 percent.

Mass-market baccarat alone grew by 19.5 percent year-on-year, to nearly MOP29.88 billion, compared to MOP25.0 billion in the first quarter 2018. Mass-market baccarat had a 39.24 percent market share of Macau GGR in the first three months this year.

A number of investment analysts have previously flagged to investors the benefit of growth in the typically higher-margin mass-market business.

The Macau market recorded a slight decline of 0.5 percent year-on-year in accumulated first-quarter GGR, to a tally of MOP76.15 billion, as revealed in data issued on April 1.

According to the official data released on Tuesday, GGR from slot machines was approximately MOP3.73 billion in the first quarter, down 2.3 percent on the nearly MOP3.82 billion in the first quarter of 2018. Slot machines’ share of Macau first-quarter revenue was 4.90 percent.

First-quarter revenue from live multi game products – those featuring table-style games with live dealers but electronic betting and electronic bet settlement – was MOP665 million, an increase of 6.6 percent from the prior-year period.

The number of live-dealer gaming tables in the Macau market stood at 6,624 in the first quarter this year, compared with 6,588 registered at the end of the preceding, fourth quarter.

The number of slot machines in the Macau market stood at 17,122 in the first quarter, down 0.5 percent from the first quarter 2018 but up 6.6 percent from the 16,059 recorded as of December 31.


  • tweet
Related articles
  • Macau 2021 GGR could be half of pre- Covid-19 levels: Fitch
    Macau 2021 GGR could be half of pre-...

    Apr 15, 2021  

  • Macau casino 1Q EBITDA softer sequentially: MS
    Macau casino 1Q EBITDA softer...

    Apr 12, 2021  

More news
  • Only 2 of 8 Jeju casinos now open as Gongzi Jeju shuts
    Only 2 of 8 Jeju casinos now open as...

    Apr 15, 2021  

  • Macau 1Q gaming tax take US$1.15 bln, down 50pct
    Macau 1Q gaming tax take US$1.15 bln,...

    Apr 15, 2021  


Latest News

Macau 2021 GGR could be half of pre- Covid-19 levels: Fitch

Macau 2021 GGR could be half of pre- Covid-19 levels: Fitch

Apr 15, 2021  

Macau’s economy is projected to “rebound by 53 percent” this year, assuming a recovery in gross gaming revenue (GGR) “to about half” of pre- Covid-19 levels, said Fitch...
Read More
Only 2 of 8 Jeju casinos now open as Gongzi Jeju shuts

Only 2 of 8 Jeju casinos now open as Gongzi Jeju shuts

Apr 15, 2021  

Macau 1Q gaming tax take US$1.15 bln, down 50pct

Macau 1Q gaming tax take US$1.15 bln, down 50pct

Apr 15, 2021  

IMGL launches global magazine on gaming law

IMGL launches global magazine on gaming law

Apr 15, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We ... model that VIP GGR [in Macau] can ultimately only recover to about half of pre- Covid-19 levels, despite opening of multiple high-end properties”

DS Kim, Derek Choi, and Livy Lyu

Analysts at JP Morgan



Most Popular

  • Three Manila casinos say still shut despite eased lockdownThree Manila casinos say still shut despite eased lockdown April 13, 2021
  • Macau seeks mutual vaccine recognition with Guangdong: CEMacau seeks mutual vaccine recognition with Guangdong: CE April 13, 2021
  • Macau casino 1Q EBITDA softer sequentially: MSMacau casino 1Q EBITDA softer sequentially: MS April 12, 2021
  • Philippines needs AML reform on casino biz: IMFPhilippines needs AML reform on casino biz: IMF April 12, 2021
  • Macau 1Q VIP GGR bad at 20pct pre pandemic: JP MorganMacau 1Q VIP GGR bad at 20pct pre pandemic: JP Morgan April 14, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us