The mass market provided Macau casinos with ample financial fuel in the second quarter of 2018 as the VIP gambling growth rate slowed.
Data released by Macau’s Gaming Inspection and Coordination Bureau (DICJ) on Monday showed that Macau VIP GGR grew at a pace of 14.4 percent to MOP41.04 billion (US$5.13 billion) in Q2, almost near the 12.7 percent VIP GGR posted in last quarter of 2016.
VIP baccarat revenue accounted for an estimated 55.7 percent of all casino GGR in Q2 2018, growing 17.7 percent to MOP83.99 billion ($10.4 billion) in the first six months of 2018.
However, VIP baccarat revenue in the April to June 2018 period was 4.47 percent lower than the MOP42.96 billion ($5.32 billion) revenue it registered in the first quarter of 2018.