Mass-market baccarat gross gaming revenue (GGR) in Macau went up 21.5 percent year-on-year in the third quarter of 2018, while that for the VIP segment grew by only 3.6 percent from the prior-year period, according to data issued on Tuesday by the local gaming regulator.
Slot machine revenue was up 9.0 percent year-on-year; while that for “other games”, including live multi-game, was up 15.2 percent, said the Gaming Inspection and Coordination Bureau.
The quarterly tally for VIP baccarat was just over MOP40.09 billion (US$4.97 billion) or 54.3 percent of all third-quarter casino GGR. The aggregate GGR for the mass market was nearly MOP33.75 billion, an increase of approximately 19.2 percent from a year earlier.
Mass baccarat GGR was MOP25.38 billion, or 34.37 percent of all Macau GGR in the three months ending September 30.
Mass baccarat’s share of Macau casino GGR went up 166 basis points sequentially in the third quarter. VIP baccarat’s share went down by 137 basis points sequentially, show the official data.
Slot machine revenue’s share was down 41 basis points sequentially, at MOP3.51 billion, or 4.76 percent of all revenue.
Revenue from “other games” was almost unchanged quarter-on-quarter, at MOP4.85 billion.
Oct 15, 2021A Macau court was told on Friday that a US$12-billion claim against United States-based casino group Las Vegas Sands Corp (LVS) and some of its units, over alleged help securing its Macau gaming...
Oct 15, 2021
Oct 15, 2021
"The Macau recovery continues to be disrupted by false starts, while the lack of [Chinese] public holidays for rest of the year should cap the pace of the rebound”
Andrew Lee and David Katz
Analysts at brokerage Jefferies LLC