Macau’s gaming operators saw VIP baccarat revenue soar by 34.8% in 2Q17 to MOP$35.9 billion, according to figures published by the Gaming Inspection and Coordination Bureau (DICJ) on Monday.
Overall gross gaming revenue for the city reached MOP$62.9 billion for the three months to 30 June, a 21.9% increase on the same period in 2016, with mass market revenue up 8.1% to MOP$27.0 billion. However, it is VIP that has driven the resurgence.
VIP baccarat comprised 57.1% of Macau’s total GGR for the quarter, up from 51.5% in 2Q16, with VIP baccarat revenue for the first six months of 2017 at MOP$71.3 billion – a 25.1% year-on-year increase.
Mass market baccarat revenue enjoyed a 5.7% increase to MOP$19.7 billion, comprising 31.2% of Macau’s GGR.
In total, baccarat accounted for 88.3% of the city’s GGR in 2Q17.
In recent months Macau junket operators have told IAG anecdotally of a resurgence in VIP and the latest statistics confirm this.
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