Macau Q3 GGR falls 3.8% as mass baccarat declines
Mass baccarat revenue dropped 7.9 per cent year-on-year, while slot machine revenue climbed 18.8 per cent.
Key takeaways:
- Macau casino GGR fell 3.8% year-on-year to MOP60.22bn (US$7.46bn) in Q3 2026.
- Mass baccarat GGR dropped 7.9% year-on-year to MOP33.61bn, accounting for 55.8% of total revenue.
- VIP baccarat revenue edged up 0.1% year-on-year to MOP16.91bn and rose 6.3% quarter-on-quarter.
Macau.- Casino gross gaming revenue (GGR) in Macau fell 3.8 per cent year-on-year to MOP60.22bn (US$7.46bn) in the third quarter of 2026, according to figures published by the Gaming Inspection and Coordination Bureau (DICJ). Revenue was down 1.3 per cent compared with the previous quarter.
Mass baccarat led the decline, generating MOP33.61bn (US$4.16bn), down 7.9 per cent year-on-year and 4.4 per cent quarter-on-quarter. The segment accounted for 55.8 per cent of total casino GGR, compared with 58.3 per cent in the same period last year.
Across the broader mass-market segment, including slot machines and electronic gaming products, revenue fell 5.2 per cent year-on-year to MOP43.31bn, representing 71.9 per cent of total GGR. However, slot machines revenue alone roser18.8 per cent year-on-year to MOP4.09 billion. Their share of total casino revenue increased to 6.8 per cent, from 5.5 per cent a year earlier. Meanwhile, live multi-game electronic products revenue declined 8 per cent to MOP1.14bn.
VIP baccarat revenue remained broadly stable, up 0.1 per cent year-on-year to MOP16.91bn (US$2bn) and 6.3 per cent from the previous quarter. It accounted for 28.1 per cent of total casino GGR.
Chief Executive Sam Hou Fai has said that Macau will maintain its 2026 gross gaming revenue (GGR) forecast of MOP236bn (US$29.2bn) for now, despite four consecutive months of year-on-year declines. He said the government would assess October’s revenue before considering any change to its annual target, with authorities monitoring whether increased visitor arrivals during China’s Golden Week holiday translate into stronger casino spending.
