Macau: VIP gaming revenues grow 55% in Q3

All major casinos saw a rise in visitation in October beyond Golden Week.
All major casinos saw a rise in visitation in October beyond Golden Week.

The segment brought in US$288m between July and September.

Macau.- VIP gross gaming revenues in Macau rose 55.7 per cent in the third quarter (Q3) of the year compared to the prior three-month period.

Macau’s Gaming Inspection and Coordination Bureau (DICJ) reported that the segment brought in MOP2.3bn (US$288m), up from MOP1.5bn (US$187.8m) in Q2.

In the first three months of the year, the VIP segment reported MOP14.8 billion (US$1.85 billion), more in line with results from previous years.

All major casinos saw a rise in visitation in October beyond Golden Week. Total GGR was down by 72.5 per cent year-on-year, after a semester with falls of over 90 per cent each month.

In October, gaming operators raised a total of MOP7.27bn, MOP5.05bn more than the previous month.

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