{"id":777033252,"date":"2025-10-17T08:06:02","date_gmt":"2025-10-17T11:06:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777033252"},"modified":"2026-04-21T18:07:35","modified_gmt":"2026-04-21T21:07:35","slug":"macau-vip-baccarat-revenue-up-29-in-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-vip-baccarat-revenue-up-29-in-q3","title":{"rendered":"Macau VIP baccarat revenue up 29% in Q3"},"content":{"rendered":"\n<p>Macau\u2019s VIP baccarat revenue was MOP16.9bn (US$2.11bn).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The <strong>Gaming Inspection and Coordination Bureau (DICJ)<\/strong> has reported that VIP baccarat gaming revenue was up 3.4 per cent <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-vip-baccarat-revenue-up-22-7-in-q2\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/macau-vip-baccarat-revenue-up-22-7-in-q2\" target=\"_blank\" rel=\"noreferrer noopener\">quarter-on-quarter<\/a> in the third quarter of the year at <strong>MOP16.9bn (US$2.11bn)<\/strong>. In year-on-year terms, the figure was up 29.1 per cent. VIP baccarat accounted for 27 per cent of all GGR in the July-September period.<\/p>\n\n\n\n<p><strong>Mass-market revenue<\/strong> accounted for 73 per cent of the MOP62.6bn (US$7.83bn) aggregate GGR. <strong>Non-VIP Baccarat<\/strong> play revenue reached MOP36.5bn (US$4.56bn), up 2.7 per cent year-on-year and 3.67 per cent sequentially. <strong>Slot machines<\/strong> revenue reached MOP3.44bn (US$429.6m), up 2 per cent quarter-to-quarter, and 10.5 per cent year-on-year. Meanwhile, <strong>Live Multi Game<\/strong> revenue came in at MOP1.24bn (US$154.8m).<\/p>\n\n\n\n<p>Earlier this week, <strong>JP Morgan<\/strong> revised downwards its gross gaming revenue (GGR) forecast for Macau\u2019s casino sector <a href=\"https:\/\/focusgn.com\/asia-pacific\/jp-morgan-cuts-macau-ggr-forecast-for-october\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/jp-morgan-cuts-macau-ggr-forecast-for-october\" target=\"_blank\" rel=\"noreferrer noopener\">for October<\/a>. Analysts now expect GGR to increase between 3 per cent and 6 per cent year-on-year, down from a previous estimate of 11 per cent.&nbsp;They have also cut their growth forecast for Q4 from 13 to 9 per cent. Analysts DS Kim, Selina Li and Lindsey Qian said that Golden Week numbers \u201cwere not so golden,\u201d and and that the period to November \u201clooks to be uninspiring.\u201d<br><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/10\/70c4aa31-a75a-479d-a768-85761ab68db4-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/post-golden-week-strength-signals-robust-october-for-macau-seaport-says'>Macau to see strong October GGR despite soft Golden Week, Seaport says<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Macau\u2019s VIP baccarat revenue was MOP16.9bn (US$2.11bn).<\/p>\n","protected":false},"author":226,"featured_media":777033256,"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 saw VIP baccarat increase 29.1% YoY to MOP16.9bn, contributing 27% of the MOP62.6bn aggregate GGR, with mass-market accounting for 73%. However, JP Morgan has revised downwards its October and Q4 GGR forecasts for Macau, citing weaker-than-expected Golden Week performance and an uninspiring outlook through November.","focusai_entities":"Gaming Inspection and Coordination Bureau, DICJ, JP Morgan, DS Kim, Selina Li, Lindsey Qian, Seaport","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook","query":"What specific factors beyond Golden Week performance are contributing to JP Morgan's revised downward GGR forecasts for Macau's Q4 and the period leading into November, and how might these impact operator profitability?"},{"label":"Vertical Performance Analysis","query":"Given the significant contribution of mass-market GGR (73%) compared to VIP baccarat (27%), what strategic shifts are Macau operators implementing to further capitalize on the mass segment, and what are the long-term implications for the VIP sector?"}],"footnotes":""},"categories":[28,16338,24628,158],"tags":[20582,257],"class_list":["post-777033252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","category-highlight-of-the-week","category-slider-home","tag-dicj","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033252","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777033252"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033252\/revisions"}],"predecessor-version":[{"id":777033265,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033252\/revisions\/777033265"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777033256"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777033252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777033252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777033252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}