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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

MacauMonday, Jan 15, 2018

The second week of January saw stronger GGR numbers, says brokerage firm Bernstein, which has revised up its GGR estimate for the month.

MacauMonday, Jan 15, 2018

Melco Resorts & Entertainment Ltd is proud to announce the winning of three Hotelier of the Year for 2017 awards at the prestigious BMW Hotelier Awards, an annual award presentation for the hospitality sector.

MacauFriday, Jan 12, 2018

A group of gaming workers from Wynn Macau have submitted a petition to the MSAR government complaining of Wynn’s alleged tolerance of clients’ illegal smoking.

MacauTuesday, Jan 09, 2018

The Hong Kong-Zhuhai-Macau Bridge is set to open in the second quarter of 2018, according to people familiar with the matter.

MacauTuesday, Jan 09, 2018

The Adelson Family Foundation on Tuesday presented a cheque for more than $1.9 million to the University of Saint Joseph.

Elsewhere, MacauTuesday, Jan 09, 2018

Casino operator MGM recently supported a University of Macau (UM) study tour to Las Vegas.

MacauMonday, Jan 08, 2018

The first week of January saw month-to-date GGR performing slightly lower than its 2017 counterpart, according to channel checks from Bernstein.