Macau Mass Market Steadies Amid New VIP Losses

Mass baccarat has recorded its first year-on-year revenue increase in six quarters, but its small rebound was offset by further gloomy results for a VIP sector nearing the loss of a majority of market share.

Mass-market baccarat revenue fell 2 percent sequentially but rose 0.2 percent year-on-year to 18.647bn patacas ($2.3bn) in the second quarter, the first such increase since the fourth quarter of 2014, according to Gaming Inspection and Coordination Bureau (DICJ) data released today.

The stronger result for mass baccarat, which was matched by other non-slot machine mass gaming overall, quickly pushed mass baccarat share of the Macau gaming market up from the first quarter’s 33.8 percent to 36.1 percent.

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