Macau’s Gaming Inspection and Coordination Bureau has recently released VIP gaming financial figures for the last quarter in 2019, which show a fall from the same period in 2018.
Gross gaming revenue has declined in Macau’s VIP gambling market – specifically baccarat – and the data from the Gaming Inspection and Coordination Bureau highlights a difficult period in gaming.
However, data also showed that revenue from slot machines was down just one percent for the same period and live multi gaming showed positive trends.
The live gaming category, which includes all forms of electronic table game products, whereby wagers are placed and settled electronically was up almost five percent from the same period in 2018.
Macau’s mass gaming revenue was up 15% overall, but VIP high roller revenue was down over 8 percent from almost 55% to just over 46%.
The number of gaming tables with live dealers in Macau was down 17 in the months of October 2019 to December 2019 compared with the same period in 2018. However, the number of slots games in Macau was up 950 from 2018.
Macau is the 83rd largest economy in the world and relies heavily on casino and tourism revenue with a GDP of around 48 billion Euro. It has the largest gaming market of any country in the world, seven times bigger than Las Vegas.