Mass growth outstrips VIP in Q2, takes market lead

Gross gambling revenue in Macau’s mass market sector far outstripped the long-dominant VIP segment in Q2, helped in part by a reclassification of tables following the full smoking ban that came into effect in January.

Mass GGR, inclusive of slots, jumped 18.6 percent year-on-year and was flat quarter-on-quarter, hitting a total of MOP38.7 billion ($4.8 billion), according to figures from the Gambling Inspection and Coordination Bureau. 

VIP GGR on the other hand dropped 15.6 percent year-on-year to MOP34.6 billion. It was down 7 percent quarter-on-quarter, the figures showed. 

In total, GGR for Q2 was MOP73.5 billion, taking the total for the first half to MOP149.9 billion.

Trade tensions and the slowing Chinese economy, where growth dropped to a 27-year low in the quarter, has also taken its toll on the VIP sector.

The government has been pushing Macau’s operators for years to reduce their reliance on China’s high-rollers to create a more family friendly, mass market destination. In the quarter, the percentage share of mass market to the whole gained to 52.6 percent. The VIP share of the market stood at about 47 percent. That’s down from a peak in 2013 when VIPs generated MOP238 billion in revenue, or about three quarters of the total that year.

Slot machine revenue hit MOP3.72 billion, down slightly from MOP3.8 billion the same period last year.   

 

SHARE
Previous articleMacau gaming taxes up 1.8 percent in 19H1
Next articleGoa casino policy still under consideration

Related Articles

VIP baccarat accounts for 48% of Macau Q3 GGR

VIP baccarat revenue was up 51 percent quarter-on-quarter and made up almost 48 percent of the revenue for the quarter, while mass market revenue jumped 77 percent from Q2, accounting for 38 percent overall, according to government figures.

Adriano Ho moves into DICJ role on June 10

The Gaming Inspection and Coordination Bureau’s incoming director, Adriano Ho, is set to officially take office on June 10, according to local reports citing Macau secretary for Economy and Finance Lei Wai Nong. Last week it was reported that Adriano Ho would be taking over the role of DICJ director from Paulo Martins Chan, who […]

Paulo Martins Chan to step down as DICJ boss

Paulo Martins Chan will be stepping down from his position as the head of the Gaming Inspection and Coordination Bureau in June, to be replaced by Adriano Marques Ho, an advisor to Secretary for Security Wong Sio Chak, according to a report from Macau News Agency.  Sources told MNA that Chan will return to the […]

DICJ asks operators to reinforce preventative measures

The Gaming Inspection and Coordination Bureau (DICJ) has asked its local gaming operators to reinforce preventive measures in their casinos, amid the outbreak of the coronavirus in Mainland China, local media reports.  According to Chinese authorities, the death toll from the new virus rose to six, with 258 confirmed cases recorded so far.  The Macau […]

VIP gaming revenue down 23.1% in 19Q4: DICJ

VIP gaming revenue’s share of Macau gross gaming revenue decreased year-on-year in the fourth quarter of 2019, according to data released by the Gaming Inspection and Coordination Bureau.  VIP gaming revenue, represented by VIP baccarat, fell 23.1 percent year-on-year to MOP32.3 billion (US$4 billion), with the year-on-year not as far as analysts had been expecting.  […]

Govt to ignore gaming equipment reversion clause

The Macau government is set to ignore a clause in the concession contract of SJM and MGM, which requires the companies to hand over casino and gaming equipment to the government in March next year. According to a report from Gambling Compliance, under the concession contract, each of Macau’s concessionaires is required to ‘automatically revert’ […]

Illegal online gambling difficult to eradicate: Chan

The director of the Gaming Inspection and Coordination Bureau said it is difficult for authorities to “completely eradicate” illegal online gambling operators, as servers are usually hosted outside its jurisdiction and target gamblers from mainland China, Macau Business reports.  “What we can is to do propaganda to raise awareness and inform that it is illegal… […]