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Macau mass market accounted for almost 76 pct of total GGR in Q3

Mass-market gaming, including slot machines, reached MOP37.04 billion ($4.5 billion), accounting for almost 76 percent of Macau’s total GGR in the third quarter of this year, data published by the Gaming Inspection and Co-ordination Bureau (DICJ) show.

Mass-market baccarat generated nearly MOP29.77 billion ($3.70 billion) in Macau in the third quarter of 2023, up 11.6 percent from the second quarter this year, while VIP baccarat declined by 3.2 percent sequentially, accounting for almost MOP11.77 billion ($1.4 billion).

In the pre-pandemic year of 2019, VIP baccarat revenue reached MOP135 billion($16.7 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 ($29.5 billion), accounting for two-thirds of that year’s record-breaking tally.

According to DICJ data analyzed by Deutsche Bank analysts, mass table games accounted for 74.4 percent of total table revenue in the third quarter, while in the same period of 2019 pre-pandemic mass table games accounted for 53.6 percent of the total.

Slot machines in the SAR generated some MOP2.8 billion ($347.7 million) in the same period, a 7.8 percent jump from the previous period. By the end of September there were 12,000 slot machines and 6,000 gaming tables in local casinos.

Football and basketball sports betting operated by Macao Slot generated some MOP140 million ($17.3 million) between July and September, 2.7 percent less than in the previous quarter.

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