Macau has reported that mass-market GGR for the second quarter of the year represented nearly 66.5 per cent of total casino gaming revenue.
Macau.- The Gaming Inspection and Coordination Bureau (DICJ) has revealed Macau’s mass-market GGR accounted for about 66.5 per cent of total casino gaming revenue during the second quarter of the year.
At MOP16.8bn (US$2.11bn), the figure represents an increase of 16 per cent when compared to the previous quarter.
VIP baccarat was down 6.8 per cent quarter-on-quarter, representing 33.5 per cent of total GGR. Mass-market baccarat represented 54.8 per cent of the GGR, up 15.4 per cent quarter-on-quarter.
During the second quarter of the year, Macau’s GGR was up 7.3 per cent to MOP25.3bn, while non-casino revenue, which includes sports betting and horse racing, rose 14 per cent to MOP195m.
In June, Macau registered its lowest GGR since November 2020, with a drop of 37 per cent month-on-month.
According to analysts, Macau’s GGR in July will be up 50 per cent when compared to March. Authorities have ended restrictions for those coming from Guangdong as Covid-19 cases decline.
JP Morgan Securities had previously estimated that Macau’s VIP gross gaming revenue (GGR) would reach 20 per cent of pre-pandemic levels during the second quarter of the year.