Macau VIP baccarat GGR down

Macau VIP baccarat gross gaming revenue (GGR) fell by 22,5% year-on-year in the third quarter, according to data released yesterday.

Macau.- The rate of VIP annual decline was offset somewhat by the 20,5% year-on-year growth recorded for mass-segment baccarat GGR, according to the city’s regulator, the Gaming Inspection and Coordination Bureau (DICJ).

DICJ confirmed that third-quarter aggregate VIP GGR was slightly below €3,5 billion, compared to €4,5 billion a year earlier. Also, in the breakdown for third-quarter 2019, mass-market baccarat GGR was nearly €3,4 billion; compared to €2,8 billion a year earlier.

Furthermore, third-quarter mass-market revenue including slots was just under €4,5 billion. As a proportion of all casino GGR in the period, it stood at just under 56,1%.VIP baccarat revenue as a proportion of all casino GGR in the third quarter stood at 43,9%.

The aggregate of Macau casino GGR for the nine months to September 30 stood at €24,7 billion, a contraction of 1.7% year-on-year.

Moreover, according to the official data presented, GGR from slot machines was just under €427,8 million in the third quarter, up 8,6% on the €393,1 million in the third quarter of 2018.

Third-quarter 2019 revenue from live multi game products – those featuring table-style games with live dealers but electronic betting and electronic bet settlement – was €82,5 million. Which represents an increase of 0,5% on the €82,1 million from the prior-year period.

Lastly, the number of live-dealer gaming tables in the Macau market stood at 6,756 in the third quarter this year; compared with 6,734 registered at the end of the previous quarter.