• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 6 December 2023
    • 中文
    • 日本語
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Macau regulator says VIP baccarat revenue up 20% sequentially in 1Q21

Ben Blaschke by Ben Blaschke
Mon 19 Apr 2021 at 06:56
IAG and G2E Asia announce speakers for joint GAME/G2E Asia Online Conference on 7 July 2020
23
SHARES
578
VIEWS
Print Friendly, PDF & Email

New data published by Macau’s Gaming Inspection and Coordination Bureau has revealed a 19.6% sequential increase in VIP baccarat revenues in 1Q21, outstripping the pace of recovery from the mass market segment.

According to the DICJ’s figures, VIP baccarat contributed GGR of MOP$9.13 billion (US$1.14 billion) in the three months to 31 March 2021, up from MOP$7.63 billion (US$953.6 million) in 4Q20.

By comparison, mass baccarat recorded only a slight 1.8% increase to MOP$12.06 billion (US$1.51 billion), with total Macau revenue from games of fortune for the quarter growing 8.1% sequentially to MOP$23.81 billion (US$2.97 billion).

The surge in VIP revenue saw the segment reclaim some market share, rising from just 34.6% of Macau’s GGR in the final three months of 2020 to 38.3% in Q1 – although it remains down on the 45.3% share it enjoyed in 3Q20 and well below a decade ago when VIP baccarat accounted for 73% of the city’s gaming revenue. Mass baccarat contributed 50.6% of revenue in 1Q21.

Macau’s 1Q21 revenue results reflect rising visitation through the month of March, tempered by a slower than expected start to the year following an outbreak of COVID-19 in parts of mainland China which impacted travel during Chinese New Year.

RelatedPosts

Road To Recovery

SJM Resorts appoints former CFO Ben Toh Hup Hock as its new Chief Operating Officer

Wed 6 Dec 2023 at 04:44
Dr Wilfred Wong

Las Vegas Sands to increase stake in Macau subsidiary Sands China

Wed 6 Dec 2023 at 03:54
Slots 2.0

Macau gaming stocks now trading lower than before 8 January reopening

Tue 5 Dec 2023 at 09:58
Macau After Dark (MAD19) highlights video

Macau After Dark (MAD19) highlights video

Tue 5 Dec 2023 at 03:59
Load More
Tags: covid-19Gaming Inspection and Coordination BureauMacaumass baccaratvip bacarat
Share9Share2
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – India: A tale of taxes

Editorial – India: A tale of taxes

by Ben Blaschke
Mon 20 Nov 2023 at 03:00

Boasting the largest population on the planet as of April 2023, India is arguably the single most exciting gaming jurisdiction...

The 2023 Asian Gaming Power 50

The 2023 Asian Gaming Power 50

by Andrew W Scott
Mon 20 Nov 2023 at 02:38

Long established as the definitive list of the most influential figures and personalities in the regional industry, IAG’s Asian Gaming...

2023 Asian Gaming Power 50: Meet the panel

2023 Asian Gaming Power 50: Meet the panel

by Newsdesk
Mon 20 Nov 2023 at 02:02

IAG introduces the eight members of the judging panel who have determined this year’s Asian Gaming Power 50 list.

2023 Asian Gaming Power 50: Number 9 – Patrick Dumont

2023 Asian Gaming Power 50: Number 1 – Francis Lui

by Newsdesk
Mon 20 Nov 2023 at 00:28

Just as Francis Lui and the Galaxy Entertainment Group empire he oversees was best positioned of all Macau concessionaires to...

Softswiss
Evolution Asia
Aristocrat
Megapari
Solaire
Hann
FBM
Lady Luck Games
Okada Manila
IGT
NWR

Related Posts

Osaka releases main points of proposed regional IR development plan

Land preparatory work begins at site of MGM’s Osaka integrated resort

by Newsdesk
Wed 6 Dec 2023 at 06:16

Land preparatory work is now underway on the site of MGM Resorts’ integrated resort development on Yumeshima Island, Osaka, the prefectural and municipal governments have announced. According to a report by The Japan Times, Osaka Governor Hirofumi Yoshimura revealed Monday...

Grand Korea Leisure’s June casino sales down 68% on 2019 levels

Grand Korea Leisure casino sales fall slightly in November

by Newsdesk
Wed 6 Dec 2023 at 05:43

South Korean foreigner-only casino operator Grand Korea Leisure reported casino sales of KRW27.9 billion (US$21.2 million) in November, down 1.1% year-on-year and 2.6% compared with October. The November result included table game sales of KRW24.9 billion (US$18.9 million), down 2.6%...

Kangwon Land estimates loss in casino sales of US$46 million after closure extended into October

Choi Cheol-Gyu named interim CEO of Kangwon Land after Lee Sam-Geol steps down

by Newsdesk
Wed 6 Dec 2023 at 05:29

Kangwon Land Inc, operator of the only casino in South Korea at which locals are permitted to gamble, has confirmed the appointment of Choi Cheol-Gyu as Vice President and interim CEO following the resignation last week of Lee Sam-Geol. In...

Road To Recovery

SJM Resorts appoints former CFO Ben Toh Hup Hock as its new Chief Operating Officer

by Newsdesk
Wed 6 Dec 2023 at 04:44

Macau concessionaire SJM Resorts has announced the appointment of its former Chief Financial Officer, Ben Toh Hup Hock, as the company’s new Chief Operating Officer. Toh, a former executive with Sands China before joining SJM as Chief Operating Officer (Finance...



IAG

© 2005-2023
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Consulting
  • Magazines
  • Advertise
  • Contact
  • About

© 2005-2023
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語