Mass baccarat contributed 59% of Macau-wide GGR in 1Q23

Mass baccarat contributed 59% of Macau-wide GGR in 1Q23

Article brief provided by Inside Asian Gaming
  • Ben Blaschke, Inside Asian Gaming
April 18, 2023 3:16 PM
  • Ben Blaschke, Inside Asian Gaming
  • Macau
  • Commercial Casinos

Mass market baccarat continues to dominate the Macau gaming landscape, with figures published by the Gaming Inspection and Coordination Bureau showing it contributed MOP$20.51 billion (US$2.54 billion) in gross gaming revenues in the first three months of the year – comprising 58.9% of market-wide GGR.

While this was slightly down on the 62.9% contribution in 4Q22 – albeit from a much smaller sample size given borders were still restricted at that time – it was considerably higher than 2019 when mass baccarat’s MOP$29.61 billion (US$3.66 billion) represented 39.1% of all GGR.

By comparison, GGR from VIP baccarat of MOP$8.57 billion (US$1.06 billion) in 1Q23 represented 24.6% of Macau-wide GGR, down from MOP$37.21 billion (US$4.60 billion) and 48.7% of GGR in 1Q19.

Total GGR for 1Q23, which was the first quarter since border restrictions were dropped on 8 January, was MOP$34.81 billion (US$4.30 billion), the DICJ said.