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Mass baccarat revenue shows 77% sequential increase in 3Q20, VIP baccarat up 56% as COVID recovery begins

Ben Blaschke by Ben Blaschke
Sun 18 Oct 2020 at 16:37
Mass baccarat revenue shows 77% sequential increase in 3Q20, VIP baccarat up 56% as COVID recovery begins
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Revenue from Macau’s mass market baccarat reached MOP$1.88 billion (US$235 million) in the three months to 30 September 2020, up 77.4% on the previous quarter according to figures published by the Gaming Inspection and Coordination Bureau on Friday.

The improvement follows a recent easing of border restrictions between Macau and mainland China, with the Individual Visit Scheme reinstated for residents of Zhuhai from 12 August, for all of Guangdong Province from 26 August and the rest of China from 23 September.

Mass baccarat contributed 37.0% of gross gaming revenue for the quarter, increased from 31.9% in 2Q20 when mass baccarat GGR reached just MOP$1.06 billion (US$132.7 million).

Revenue from VIP baccarat grew 56.0% to MOP$2.34 billion compared with MOP$1.50 billion (US$187.8 million), with its share rising slightly from 45.3% to 46.1%.

Across all gaming activities, GGR for the third quarter of 2020 grew 53.0% compared with 2Q20 to MOP$5.08 billion (US$636.1 million), although it was still down 92.8% versus the MOP$71.0 billion (US$8.90 billion) in GGR Macau recorded in 3Q19.

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Tags: 2020baccaratcovid-19GGRgross gaming revenueMacauQ3revenuethird quarterVIP
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Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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