Macau’s VIP baccarat posts strong growth

Macau’s VIP baccarat revenue rose 57 percent year-on-year in the third quarter of 2010 to a record MOP34.05 billion (US$4.3 billion). VIP baccarat accounted for 72 percent of all casinos’ gross gaming revenue in that period, according to official data from the gaming bureau. Mass-market baccarat revenue rose 36 percent year-on-year, to MOP8.88 billion, accounting for 19 percent of all casinos’ gross gaming revenue in the third quarter of 2010. Revenue from slot machines rose 38 percent to MOP2.24 billion in the third quarter. Macau’s 14,316 slots accounted for a share of 4.7 percent of the total casino gross gaming revenue in the period from July to September. Macau’s casino gross gaming revenue reached MOP47.38 billion the third quarter of 2010, a year-on-year growth of 49 percent.