Macau\u2019s GGR rose by 7 per cent<\/a>\u00a0in quarter-on-quarter terms for the three months to September 30, reaching 70 per cent of pre-Covid-19 levels.<\/p>\n\n\n\nAnalysts\u00a0DS Kim,\u00a0Mufan Shi, and\u00a0Selina Li\u00a0highlighted the recovery of the mass-market segment, which saw 11 per cent growth, reaching a 95 per cent recovery. In contrast, the VIP segment declined 15 per cent decline compared to the previous quarter, reaching only 24 per cent of pre-Covid-19 levels. The mass-market segment typically accounts for 85 per cent to 90 per cent of GGR.<\/p>\n","protected":false},"excerpt":{"rendered":"
VIP baccarat revenue was MOP11.8bn (US$1.47bn).<\/p>\n","protected":false},"author":176,"featured_media":10240,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's Q3 gaming revenue data indicates a significant divergence between VIP and mass-market segments. While overall GGR rose 7% quarter-on-quarter, driven by an 11% growth in the mass-market segment reaching 95% of pre-COVID levels, VIP baccarat revenue declined 3.2% sequentially, recovering only 24% of 2019 levels. This highlights a structural shift in Macau's gaming vertical recovery, with mass-market now dominating GGR contribution.","focusai_entities":"Gaming Inspection and Coordination Bureau, JP Morgan Securities (Asia Pacific), DS Kim, Mufan Shi, Selina Li","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Mass Market Sustainability?","query":"Given the mass-market segment's 95% recovery to pre-COVID levels and its 85-90% GGR contribution, what are the long-term sustainability factors and potential growth ceilings for this segment in Macau?"},{"label":"VIP Segment Strategy?","query":"What strategic adjustments are Macau operators implementing to address the persistent underperformance of the VIP segment, which remains at only 24% of 2019 levels, and what is the projected timeline for any meaningful recovery?"}],"footnotes":""},"categories":[28,16338],"tags":[23907,23906],"class_list":["post-777010203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777010203"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010203\/revisions"}],"predecessor-version":[{"id":777041135,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010203\/revisions\/777041135"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10240"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}