The Gaming Inspection and Coordination Bureau released the third quarter report for the Macau casino revenue. Also, 68 percent of the revenue came from the mass-market gaming sector.
According to the sports betting and casino report, the mass-market gross gaming revenue for the third quarter was $1.6 billion. It includes slot machine revenue. However, the amount decreased 24 percent from the previous quarter.
VIP baccarat used to be half of the city’s GGR. However, it was only 32 percent of the casino GGR in the third quarter. Also, it was a 30 percent decrease from the second quarter. As a result, Macau’s casino GGR in the third quarter was down 26 percent quarter over quarter.
Macau Casino Revenue
According to online slot machines experts, Macau’s VIP sector has been suffering during the pandemic. Also, the new gambling regulations added to the pressure. As a result, VIP gambling has become a negligible factor in the city’s gambling industry.
The Macau government wanted to increase the mass-market sector in its casino industry. Also, it implemented stricter rules and regulations on its live dealer casino games. It is part of the city’s Five-Year Development Plan. However, the plan is currently undergoing public consultation.
In the third quarter, mass-market baccarat got 56 percent of the casino GGR. On the other hand, slot machines were only 6 percent of the casino GGR. Also, there were 6,302 live gaming tables in the city during the third quarter. Therefore, the number of slot machines was almost 11,400 in the third quarter. On the other hand, there were only 9800 slot machines in the previous quarter.