74.3% of Macau’s Q4 GGR came from mass-market gaming
Macau’s Gaming Inspection and Coordination Bureau has reported that the mass-market contribution hit a quarterly high in Q4.
Macau.- Mass-market games, including slot machines, accounted for 74.3 per cent of Macau’s GGR in the fourth quarter of 2021, at nearly MOP14.18bn (US$1.77bn), according to figures released by Macau’s Gaming Inspection and Coordination Bureau.
VIP baccarat, which accounted for nearly half of Macau’s GGR in 2019, represented just 25.7 per cent of GGR between October and December 2021, at just under MOP4.9bn. VIP revenue declined 17.8 per cent quarter-on-quarter, while mass-market baccarat revenue increased 12.3 per cent quarter-on-quarter to account for 62.2 per cent of gross gaming revenue at MOP11.87bn. Slot machines accounted for 6.0 per cent of GGR.
Macau reported full-year GGR of MOP86.86bn (US$10.82bn) in 2021. VIP revenue accounted for nearly 32.8 per cent of total at MOP28.49bn, down from 43.5 per cent in the previous year. In the third quarter, the VIP segment had accounted for 31.8 per cent of all casino GGR.
The VIP segment has recently faced further commercial pressures due to a combination of regulatory and pandemic-related factors. The majority of Macau’s casino operators suspended operations with junkets following the arrest of Alvin Chau Cheok Wa on cross-border gambling and money laundering accusations.
