Macau’s reliance on VIP baccarat is formally a factor of the previous with quarterly GGR figures launched by the Gaming Inspection and Coordination Bureau (DICJ) on Wednesday exhibiting that income from mass market baccarat has drawn degree with VIP.
GGR from mass baccarat within the three months to 30 September 2019 climbed 20.5% year-on-year to MOP$30.58 billion, comprising 43.1% of Macau’s whole GGR for the interval. That compares with simply 34.3% in the identical quarter final yr and 40.2% in 2Q19.
In the meantime, income from VIP baccarat fell 22.4%, drawing virtually precisely degree with mass GGR at MOP$31.09 billion. At 43.8% of Macau-wide GGR, its share was additionally notably down from 54.1% in 3Q18 and 47.1% within the second quarter of this yr.
Macau’s operators recorded whole quarterly GGR in 3Q19 of MOP$71.00 billion, down 4.2% year-on-year and sequentially and three.5% sequentially.
As beforehand reported by IAG, Macau’s gross gaming income snapped a run of three straight months of decline in September with slight 0.6% development to MOP$22.08 billion. Nonetheless, analysts are tipping a year-on-year decline of between 3% and 6% for October.