Mass market results fall by 89 pct in Q2

The amount in revenues generated by mass-market games, including slots and baccarat, has dropped by 89 per cent in the second quarter from the previous quarter to some MOP1.73 billion (US$216.6 million), data provided by the Gaming Inspection and Coordination Bureau revealed.

The sharp drop is connected to the increase in border and entry restrictions in the city due to the Covid-19 pandemic as visitor numbers to the SAR gradually went down.

Meanwhile, VIP gaming, represented by baccarat VIP, has seen an 89.8 per cent quarter-to-quarter plunge to MOP1.5 billion, when compared to the MOP14.8 billion reported between January and March.

Mass-market revenue represented 53.53 per cent of the total MOP3.2 billion generated in the second quarter, with VIP baccarat representing about 46.4 per cent.

When compared to the same quarter of last year, between April and June mass-market revenues went down by 95.5 per cent, with VIP baccarat going down by 95.7 per cent.

Revenues generated by the Macau Jockey Club remained almost unaltered in the second quarter at MOP70 million from the previous three months, while revenues from football and basketball betting by Macao Slot was cut by 55.3 per cent to MOP663 million.