{"id":133228,"date":"2020-04-16T09:21:27","date_gmt":"2020-04-16T16:21:27","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=133228"},"modified":"2020-04-16T10:40:04","modified_gmt":"2020-04-16T17:40:04","slug":"macau-mass-market-accounted-for-more-than-half-casino-revenue","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/macau-mass-market-accounted-for-more-than-half-casino-revenue\/","title":{"rendered":"Macau Mass Market Gaming Accounted for More Than Half of Casino Revenue in Q1"},"content":{"rendered":"

The mass market accounted for more than half of casino revenue in Macau’s first quarter, as VIP baccarat play plummeted over 60 percent January through March.<\/p>\n

\"mass
The mass market and VIPs in Macau lost billions playing baccarat in quarter one. (Image: IC Photo)<\/figcaption><\/figure>\n

Statistics released this week from the enclave’s Gaming Inspection and Coordination Bureau reveal that mass market players \u2013 aka the general public \u2013 accounted for 51.42 percent of total gross gaming revenue (GGR).<\/p>\n

The general public lost MOP15.67 billion ($1.96 billion) during the three-month span. VIP play represented the remaining 48.58 percent of casino win \u2013 $1.86 billion.<\/p>\n

During the first quarter in 2019, high rollers were responsible for slightly more of Macau’s overall gaming at 48.86 percent.<\/p>\n

Baccarat, and Everything Else<\/b><\/h2>\n

Macau is the world’s richest gaming market \u2013 GGR totaling $36.45 billion last year. By comparison, Nevada is the second-largest casino jurisdiction, total gaming win coming in at a little more than $12 billion in 2019.<\/p>\n

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But unlike in US casinos, where slot machines account for the vast majority of revenue, in Macau it’s baccarat. The card game, both VIP and mass market, delivered $3.38 billion of the enclave’s $3.82 billion in Q1 \u2013 or 88.5 percent. Casinos won just $190 million from slot machines.<\/p>\n<\/div>\n

Blackjack, roulette, and craps, three popular table games in the US, are barely played in the Chinese Special Administrative Region.<\/p>\n

While many Americans are intimidated by baccarat, it’s actually quite simple. Gamblers can place their bet on the player’s hand, the banker’s hand, or a tie.<\/p>\n