A snapshot of the influence of the high roller trade
Nearly 78% of Macau's live table revenues now coming from VIP baccarat
(Macau).- A total of 77.6% of Macau's live table revenues came from VIP baccarat in July according to figures seen by Inside Asian Gaming. The figures - also circulated among the operators - exclude GGR from slots and electronic tables.
2011-08-10
Reading time 37 seg
(Macau).- A total of 77.6% of Macau's live table revenues came from VIP baccarat in July according to figures seen by Inside Asian Gaming. The figures - also circulated among the operators - exclude GGR from slots and electronic tables.
But given that Macau is overwhelmingly a live table market, with only around 5% of Macau's gross revenue coming from slots and electronic tables, the figures are a useful snapshot of the influence of the high roller trade.
Total live table GGR in July was us% 2.88 billion, with only us$ 646.9 million of that coming from mass tables.
Given the current volatility and uncertainty in global equity markets however, those Macau operators with the greatest exposure to the mass market may have a softer landing than the VIP-centric ones - if crisis in the Western countries produces the sort of ripple down effect on Chinese exports seen in the 2008-09 global downturn.
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