Macau’s VIP baccarat revenue reached MOP14.38bn in the first quarter of the year.<\/p>\n\n\n\n\n\n\n\n
Macau.- The Gaming Inspection and Coordination Bureau has reported that VIP baccarat gaming revenue was MOP14.38bn (US$1.78bn) in the first quarter of the year. The figure accounted for 25.1 per cent of gross gaming revenue of MOP57.33bn (US$7.11bn). Revenue from the VIP segment increased by 13.2 per cent quarter-on-quarter and 67.9 per cent from the same period last year.<\/p>\n\n\n\n
Revenue from mass-market baccarat was almost MOP34.59bn, up 3.1 per cent in quarter-on-quarter term and 68.7 per cent from a year earlier. The figure represented 60.3 per cent of all GGR and about 115.7 per cent of the first-quarter mass baccarat in 2019.<\/p>\n\n\n\n
Slot machine revenue was nearly MOP3.2bn (US$399m), representing 5.6 per cent of the market. The figure was up 8.4 per cent quarter-on-quarter and 31.5 per cent from a year ago. Aggregate revenue from the overall mass market, including slot machines, was slightly under MOP42.95bn, representing 74.9 per cent of Macau\u2019s casino GGR in Q1.<\/p>\n\n\n\n
See also: <\/strong>Citigroup survey finds more casual players in Macau in April<\/a><\/p>\n\n\n\n Macau\u2019s GGR for March<\/a> was MOP19.50bn (US$2.42bn)<\/strong>, an increase of 5.5 per cent month-on-month<\/a> and 53.1 per cent when compared to March 2023. Cumulatively, Macau\u2019s GGR for the first three months of 2024 was MOP$57.3bn (US$7.11bn), up 65.5 per cent year-on-year and implying a full-year run rate of around MOP$229.2bn (US$28.4bn).<\/p>\n","protected":false},"excerpt":{"rendered":" Macau’s VIP baccarat revenue reached MOP14.38bn in the first quarter of the year.<\/p>\n","protected":false},"author":176,"featured_media":21526,"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 Q1 2024 gross gaming revenue (GGR) reached MOP57.33bn (US$7.11bn), marking a 65.5% year-on-year increase. The mass market, including slots, contributed 74.9% of this GGR, with VIP baccarat accounting for 25.1%, indicating a continued shift in market composition. This performance implies a full-year GGR run rate of approximately MOP$229.2bn (US$28.4bn).","focusai_entities":"Gaming Inspection and Coordination Bureau, Citigroup","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.75), operator_casino (0.98), marketing_crm (0.7), investor_analyst (0.98), supplier_vendor (0.85), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Mass Market Drivers?","query":"What specific demand drivers and operational strategies are sustaining the robust growth in Macau's mass market GGR, and what are the projections for its continued dominance over the VIP segment?"},{"label":"Concessionaire Strategy Impact?","query":"How does the Q1 2024 GGR composition, particularly the mass market's increasing share, influence the capital allocation, marketing focus, and non-gaming investment strategies of Macau's concessionaires?"}],"footnotes":""},"categories":[28,16338],"tags":[23906],"class_list":["post-777014808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014808","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=777014808"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014808\/revisions"}],"predecessor-version":[{"id":777014811,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014808\/revisions\/777014811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21526"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777014808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777014808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777014808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}