Macau | VIP baccarat main driver of gross gaming revenue in Q4 2018

Gross gaming revenue from VIP baccarat operations amounted to MOP42.01 billion (US$5.2 billion), and was the main driver for GGR in the city, according to data released by the Gaming Inspection and Coordination Bureau

Macau (MNA) – Gross gaming revenue (GGR) from VIP baccarat operations amounted to MOP42.01 billion (US$5.2 billion), and was the main driver for GGR in the city, according to data released by the Gaming Inspection and Coordination Bureau (DICJ).

Gross gaming revenue from VIP baccarat amounted to 53.3 per cent, more than half of quarterly revenue.

VIP baccarat amounted to MOP166.09 billion for the entire year, which marks an increase of 10.2 per cent year-on-year.

Mass baccarat amounted to MOP27.9 billion in the fourth quarter.

GGR from mass baccarat amounted to MOP102.4 billion for the entire year, up 21. per cent year-on-year.

GGR amounting from games of fortune, greyhound racing, horse racing and lotteries amounted to MOP303.9 billion, an increase of 14 per cent year-on-year.

Revenue from slot machines in the fourth quarter amounted to MOP3.9 billion, with the total amount of GGR from slot machines amounting to MOP15.05 billion.

For the entire year, revenue from slot machines marked an increase of 14.3 per cent year-on-year.

As of the end of 2018, Macau had 41 casinos with 16,059 gaming tables and slot machines.

The GGR for the 2018 amount to a 14 per cent year-on-year increase to MOP302.85 billion.

Analysts generally predict that 2019 will see an increase of 5 to 6 per cent, with the exception of brokerage Morgan Stanley, which forecast a 2 per cent year-on-year drop.

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