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Macau’s VIP baccarat shows slight 4Q18 growth but mass continues to lead the way

Newsdesk by Newsdesk
Thu 17 Jan 2019 at 04:42
Macau’s VIP baccarat shows slight 4Q18 growth but mass continues to lead the way
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Macau’s mass market baccarat drove citywide GGR growth in the three months to 31 December 2018, with mass baccarat revenue rising 18.7% to MOP$27.9 billion.

The increase continued the trend seen in 3Q18, when mass baccarat showed stronger growth than the VIP segment, and pushed full year mass market baccarat revenue to MOP$102.4 billion – up 21.5% on 2017 numbers.

VIP baccarat continues to contribute over half of Macau’s combined GGR, with the MOP$42.0 billion for the period equal to 53.2% of quarterly revenue. However, the figure represented just 3.4% year-on-year growth from the MOP$40.6 billion in VIP revenue achieved in 4Q17.

VIP baccarat GGR through FY2018 rose 10.2% to MOP$166.1 billion.

Mass baccarat was also up 9.8% sequentially, while VIP baccarat was again more subdued at 4.7%.

Slot machine revenue saw an 8.3% year-on-year increase in 4Q18 to MOP$3.9 billion, with the number of slot machines Macau-wide growing from 15,622 to 16,059.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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