Macau VIP revenue rises 34.8 pct in 17Q2

VIP baccarat revenue in Macau reached MOP 35.8 billion (US$4.5 billion) in the second quarter of 2017, representing a year-on-year rise of 34.8 percent, according to the latest data from the Gaming Inspection and Coordination Bureau (DICJ).

Mass-market revenue reached MOP 27.0 billion in the quarter, recording a 8.1 percent rise year-on-year.

Of particular note was a rise in slot machine revenue, which rose 17.2 percent year-on-year to MOP 3.1 billion, while mass-market baccarat rose 5.7 percent to MOP 19.7 billion.

In June, the DICJ reported a 21.9 percent rise in total casino GGR in the second quarter of 2017, which came in at MOP 62.9 billion.

More news from this jurisdiction

MacauWednesday, Aug 16, 2017

MGM’s annual summer program, “A Day with MGM,” was held at MGM Macau’s Vista on Wednesday, according to a press release from the operator.

MacauTuesday, Aug 15, 2017

Sands China has joined the group’s volunteer effort to build 100,000 hygiene kids for Clean the World to help improve the health and wellbeing of people in need.

MacauTuesday, Aug 15, 2017

Wynn Resorts has been upgraded to buy from hold by analysts at Deutsche Bank due to a ramp up in the mass sector at Wynn Palace after floor reconfigurations and ongoing strength in the VIP market.

MacauMonday, Aug 14, 2017

MGM Resorts says it plans to attract more recreational gamblers than VIPs in its new Cotai property, which opens in the fourth quarter of this year.

MacauMonday, Aug 14, 2017

Macau recorded gross gaming revenue of MOP9.6 billion between August 1 to 13, recording a slight month-on-month decline in ADR (MOP738 million) compared to July.

MacauFriday, Aug 11, 2017

The Judiciary Police have arrested eight people in connection to a loan sharking ring in Macau.

MacauTuesday, Aug 08, 2017

The number of visitors coming through the Macau International Airport is expected to increase 8 percent over the summer holidays.