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VIP baccarat loses more Macau market share in 3Q21

Ben Blaschke by Ben Blaschke
Tue 19 Oct 2021 at 04:54
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VIP baccarat saw its share in Macau gross gaming revenue fall further to just 31.5% in the three months to 30 September 2021 as the impact of COVID-19 and crackdowns on cross-border gambling by mainland China authorities continue to take their toll.

According to information published by Macau’s Gaming and Inspection Coordination Bureau, VIP baccarat GGR fell 80.8% compared with the same quarter in 2019 and 29.9% versus 2Q21 to MOP$5.96 billion.

The segment contributed 33.7% of total table revenue and just 31.5% of all gaming revenue – down from 45.3% in the same quarter last year and less than half the 73% share it enjoyed back in 2011.

By comparison, mass table baccarat accounted for 66.3% of total table revenue and 55.8% of all gaming revenue.

Mass GGR, inclusive of slot machines, fell 67.8% compared with 3Q19 and 56.4% compared with 2Q21 to MOP$10.56 billion.

The September quarter results were heavily impacted by COVID-19 outbreaks in Macau – one in early August and another late September – which saw restrictions imposed on the border between Macau and Zhuhai.

The DICJ had earlier this month reported GGR for the month of September of MOP$5.88 billion (US$733 million), barely half of this year’s high of MOP$10.45 billion (US$1.30 billion) recorded in May.

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Tags: Gaming Inspection and Coordination Bureaugross gaming revenueMacaumarket sharemass baccaratVIP baccarat
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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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