Macau’s VIP baccarat revenue was MOP13.08bn (US$1.64bn).<\/p>\n\n\n\n\n\n\n\n
Macau.- The Gaming Inspection and Coordination Bureau (DICJ) has reported that\u00a0VIP baccarat gaming revenue<\/strong>\u00a0was down 1.7 per cent\u00a0quarter-on-quarter\u00a0to MOP13.08bn (US$1.64bn) in the third quarter of the year. In year-on-year terms, the figure was up 11.1 per cent. The figure represented 23.5 per cent of the total gross gaming revenue (GGR) of MOP55.6bn (US$6.95bn) in the period.<\/p>\n\n\n\n Revenue from mass-market baccarat<\/strong> was MOP34.09bn (US$4.26bn). That’s a decline of 1.6 per cent quarter-on-quarter but a rise of 14.5 per cent year-on-year. It represented 61.3 per cent of all GGR. Slot machine revenue<\/strong> was MOP3.1bn (US$388m), down 2.9 per cent sequentially but up 9.3 per cent year-on-year, representing a market share of 5.6 per cent.<\/p>\n\n\n\n The city’s mass-market casino gambling segment \u2013 including slot machines \u2013 generated revenue of MOP42.52bn (US$5.31bn) in the third quarter, representing 76.5 per cent of total casino GGR.<\/p>\n\n\n\n The Financial Services Bureau<\/strong> has reported that Macau collected MOP66.40bn (US$8.31bn) in taxes from casino operations in the first nine months of the year. The figure was up 45.1 per cent when compared to the same period last year.<\/p>\n\n\n\n In September, the Macau government collected MOP7.62bn (US$952m). That\u2019s a 6.4 per cent rise compared to the preceding month. GGR for the month<\/a> was MOP17.25bn (US$2.15bn). The figure was up 15.5 per cent year-on-year but down 12.7 per cent compared to the previous month<\/a>. It was the lowest monthly tally of the year and was also down by 21.8 per cent compared to September 2019, before the Covid-19 pandemic.<\/p>\n\n\n\n According to the 2024 budget plan, the government aims to collect MOP83.61bn (US$10.4bn) in gaming tax this year. In 2023, Macau collected MOP65.26bn (US$8.11bn), surpassing the budgeted amount by 28.3 per cent. <\/p>\n","protected":false},"excerpt":{"rendered":" Macau’s VIP baccarat revenue was MOP13.08bn (US$1.64bn).<\/p>\n","protected":false},"author":176,"featured_media":21500,"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 GGR reached MOP55.6bn, with mass-market segments contributing 76.5% and VIP baccarat 23.5%. While year-on-year growth was observed across verticals, September's GGR of MOP17.25bn marked the lowest monthly tally of the year and remained below pre-pandemic levels. Gaming tax collections for the first nine months surged 45.1% year-on-year to MOP66.40bn, surpassing the 2023 budget.","focusai_entities":"Gaming Inspection and Coordination Bureau (DICJ), Financial Services Bureau","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.75), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.85), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Mass Market Growth Impact","query":"What is the projected impact of the sustained mass-market dominance on Macau's long-term gaming infrastructure investment and non-gaming diversification strategies?"},{"label":"Q4 GGR Outlook","query":"Given the September GGR decline and the 2024 tax budget, what are the DICJ's revised forecasts for Q4 and the full year 2024, and what potential policy adjustments might be considered?"}],"footnotes":""},"categories":[28,16338],"tags":[23906],"class_list":["post-777019935","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\/777019935","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=777019935"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019935\/revisions"}],"predecessor-version":[{"id":777019956,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019935\/revisions\/777019956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21500"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777019935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777019935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777019935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Gaming taxes reach US$8.31bn in first 9 months of the year<\/h2>\n\n\n\n