VIP baccarat revenue rises despite dwindling market share

Macau: Mass-market baccarat posts Q3 earnings of us$ 10.9 billion

2013-10-18
Reading time 32 seg
(Macau).- Mass-market baccarat continues to steal market share from VIP baccarat even as growth in the recovering VIP gaming segment accelerates, official data show. Revenue from mass-market baccarat was 41.8 % higher in the third quarter than a year before at us$ 3 billion, the Gaming Inspection and Coordination Bureau says.

 

Mass-market baccarat revenue made up 26.7 % of the third-quarter casino gross gaming revenue of us$ 10.9 billion- 2.7 percentage points more than in the second quarter and the most since the fourth quarter of 2005.

Revenue from VIP baccarat rose by 13 % to us$ 7.1 billion in the third quarter, having risen by 11.2 % in the second.

Revenue from slot machines grew by 12.9 % to us$ 443.3 million, making up 4 percent of casino gross gaming revenue.

 

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