VIP baccarat accounts for 25 pct of Q1 gaming revenue
Tuesday 18 de April 2023 / 12:00
⏱ 1 min read
(Macau).- Revenue from VIP baccarat amounted to some MOP8.56 billion (US$1.06 billion) in the first quarter of 2023, which accounts for about one fourth (24.7 per cent) of the city’s total revenue of MOP34.6 billion (US$4.28 billion) for the first three months of the year, as indicated by figures from the Gaming Inspection and Coordination Bureau (DICJ).
In pre-pandemic 2019, VIP baccarat revenue reached MOP135 billion (US$17.7 billion), which represented 46 per cent of the full-year gross gaming revenue earned by local casinos. At the peak of the city’s junket/VIP sector in 2013, full-year VIP baccarat revenue hit MOP238 billion (US$17.7 billion), accounting for two thirds (66 per cent) of that year’s record-breaking tally.
Also according to DICJ, mass-market baccarat in Macau generated approximately MOP20.51 billion (US$2.54 billion), accounting for 59.2 per cent of the total gross gaming revenue (GGR) earned by all casinos during that period. Overall gaming revenue in the first quarter totalled MOP34.6 billion, indicating a 94 per cent year-on-year increase. The tally represents 26.2 per cent of the MOP130 billion (US$16 billion) target set by the government for this year.
Categoría:Gaming
Tags: Sin tags
País: Macao
Región: Asia
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