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.
Mass-market GGR, which includes slot machines increased approximately 8.3 percent to MOP39.8 billion.
Slot machine revenue fell slightly, down 1 percent year-on-year.
Data has also found that the number of live dealer gaming tables rose 2.3 percent to 6,739 tables. The number of live dealer ETGs rose 4.6 percent, while the number of slot machines increased to 17,009, up 5.9 percent year-on-year.
AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.
Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.