Mass market results drop 9pct sequentially in Q1

The volume of gross gaming revenues represented by the mass market has dropped by 9 per cent quarter-to-quarter to MOP13 billion (US$1.6 billion) in the first three months of 2022, data published today (Tuesday) by the Gaming Inspection and Coordination Bureau shows.

The mass results considered included table games, slot machines and other forms of gambling in the SAR such as horse racing bets and sports betting.

During the same period, VIP gaming – represented by VIP Baccarat – dropped slightly by 1.2 per cent to MOP4.8 billion, with the sector now representing 27 per cent of the total.

In total gross gaming revenue in the city has dropped by 7 per cent quarter-to-quarter to MOP17.9 billion.

Last year reported a total of MOP86.8 billion in gross gaming results, a 60 per cent rise from a 2020 greatly impacted by the Covid-19 pandemic outbreak.

VIP gaming results in the city have been greatly reduced in the past two years following increased regulatory oversight of the junket sector, capital transfer and travel restraints imposed by Chinese authorities, as part of efforts by authorities to reduce the weight of the gaming sector in the local economy.

Source: https://www.macaubusiness.com/mass-market-results-drop-9pct-sequentially-in-q1/