{"id":777020772,"date":"2024-11-18T09:01:30","date_gmt":"2024-11-18T12:01:30","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777020772"},"modified":"2026-04-22T04:08:34","modified_gmt":"2026-04-22T07:08:34","slug":"macau-casinos-sands-china-continues-to-lead-ggr-market-share-in-q3-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-casinos-sands-china-continues-to-lead-ggr-market-share-in-q3-analysts-say","title":{"rendered":"Macau casinos: Sands China continues to lead GGR market share in Q3, analysts say"},"content":{"rendered":"\n

Deutsche Bank has reported on VIP and mass market share.<\/p>\n\n\n\n\n\n\n\n

Macau.- Deutsche Bank<\/strong> has reported that\u00a0Sands China contributed 24.5 per cent of Macau\u2019s GGR\u00a0in the third quarter of the year.\u00a0Its GGR was down 1.6 per cent sequentially at just over US$1.68bn.<\/p>\n\n\n\n

It was followed by\u00a0Galaxy Entertainment Group<\/strong> which contributed 19.1 per cent of GGR. The company\u2019s GGR was down 1.8 per cent at US$1.31bn. Melco Resorts<\/strong> share was 14.7 per cent, followed by MGM Macau<\/strong> with 14.8 per cent, Wynn Macau <\/strong>with 12.8 per cent, and SJM Holdings <\/strong>with 14.1 per cent. <\/p>\n\n\n\n

See also: <\/strong>Galaxy Entertainment market share to grow in Q4, analysts say<\/a><\/p>\n\n\n\n

GGR reported by the six gaming concessionaires reached US$6.8bn, a slight decrease from the US$6.9bn reported a year before. SJM Holdings reported US$967m, up 8.7 per cent quarter-on-quarter. Its mass GGR rose from US$821m to US$867m, with its mass-market share climbing from 13.4 per cent to 14.3 per cent. VIP GGR increased from US$69m to US$100m, and its VIP market share went up from 8.1 per cent to 12.4 per cent.<\/p>\n\n\n\n

Melco Resorts saw a decline in GGR from US$1.04bn to US$1.01bn. Its mass GGR fell slightly to US$854m. VIP GGR was US$159m, with a VIP market share of 19.6 per cent.<\/p>\n\n\n\n

MGM Macau\u2019s GGR decreased from US$1.12 bn to US$1.01bn. Its mass GGR rose from US$1,012m to US$922m, with a market share of 15.2 per cent. VIP GGR dropped from US$112m to US$93m. Its VIP market share fell from 13.2 per cent to 11.5 per cent.<\/p>\n\n\n\n

Sands China posted GGR of US$1.68m. Mass GGR fell to US$1.50bn, with a market share of 24.8 per cent. Sands China\u2019s VIP GGR decreased from US$179m to US$177m. The VIP market share was 21.8 per cent.<\/p>\n\n\n\n

Wynn Macau\u2019s GGR fell from US$887m to US$880m. Mass GGR was US$739m, with a market share of 12.2 per cent. Wynn\u2019s VIP GGR remained unchanged quarter-on-quarter at US$141m, with a VIP market share of 17.3 per cent.<\/p>\n\n\n\n

Galaxy Entertainment Group reported GGR of US$1.31bn. Mass GGR increased from US$1.15bn to US$1.16bn, with a market share of 19.3 per cent. Galaxy\u2019s VIP GGR fell from US$179m to US$142m. VIP market share was 17.5 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"

Deutsche Bank has reported on VIP and mass market share.<\/p>\n","protected":false},"author":176,"featured_media":27875,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Deutsche Bank's report details the Q3 GGR performance and market share for Macau's six gaming concessionaires, including Sands China, Galaxy Entertainment, Melco Resorts, MGM Macau, Wynn Macau, and SJM Holdings. The analysis provides a granular breakdown of GGR contributions from both VIP and mass market segments, highlighting sequential changes and overall market trends within the jurisdiction.","focusai_entities":"Deutsche Bank, Sands China, Galaxy Entertainment Group, Melco Resorts, MGM Macau, Wynn Macau, SJM Holdings","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.8), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Q4 Market Share Outlook","query":"What are the projected GGR and market share shifts for Macau's concessionaires in Q4, particularly considering the sequential declines observed in Q3 for several operators?"},{"label":"VIP vs. Mass Strategy","query":"How are the individual concessionaires adjusting their operational strategies and capital allocation between the VIP and mass market segments in response to the observed GGR shifts?"}],"footnotes":""},"categories":[16338,163],"tags":[23906,21680,23108,20777],"class_list":["post-777020772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-macau-casinos","tag-sands-china","tag-sjm-holdings","tag-wynn-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020772","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=777020772"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020772\/revisions"}],"predecessor-version":[{"id":777020793,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020772\/revisions\/777020793"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777020772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777020772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777020772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}