Macau’s GGR reaches US$2.75bn in last quarter

Mass baccarat represented over half of GGR at Macau casinos for last three months of 2020, followed by VIP baccarat and slot machines.

Macau.- The Gaming Inspection and Coordination Bureau has reported that gross gaming revenues (GGR) in Macau reached MOP22bn (US$2.75bn) in the last quarter of 2020.

The figure takes the total for the year to MOP61bn (US$7.63bn), down from MOP293.3bn (US$36.7bn) in 2019.

Mass market games, including slot machines accounted for 65.1 per cent of all Macau’s casino GGR in the last quarter.

Mass baccarat brought in MOP11.8bn (US$1.47bn), 54.3 per cent of GGR for the quarter, while VIP baccarat generated MOP7.6bn (US$951m).

Baccarat was followed by slot machines revenues, which totalled MOP1.11bn (US$139m).

The number of casinos in Macau remains at 41 since 2018, with 6,080 gaming tables and 8,906 slots machines operating in the last quarter of 2020.

Gaming expectations for 2021

Brokerage Bernstein has said the GGR for the beginning of the new year was showing some progress.

Authorities in the SAR have presented Macau’s 2021 fiscal budget to the Legislative Assembly.

The budget includes expectations that Macau will receive 14 million tourists from mainland China and Hong Kong in 2021. It is estimated that GGR will reach MOP130bn (US$16.28bn) for the year.