The Macau gaming regulatory body, Gaming Inspection and Coordination Bureau (DICJ), has released the industry revenue results for the second quarter of 2023. According to the results for the period that ended on June 30, 2023, the region’s revenue levels were extensively driven by the mass market baccarat performance over the second quarter.
The figures unveiled by DICJ on July 18, 2023 show that the revenues generated in mass market baccarat in Q2 2023 reached the level of MOP$26.68 billion (US$3.32 billion). As reported by IAG, the level represented 58.4% of the gross revenues generated by the Macau industry within the give period. Although the value testifies about a negligible decline when compared to the 58.9% stake experienced in the first quarter of 2023, it still represents almost 20% higher participation in the overall revenues than the 39.1% GGR level seen in 2019.
Likewise, VIP baccarat improved the performance in Q2 2023. Having reached the revenues of MOP$12.16 billion (US$1.51 billion), VIP baccarat contributed to the gross revenue generated in the Macau industry in the quarter with its 26.6% stake. The level is reportedly increased in the observed period since the sector held the 24.5% revenue share in the first quarter of 2023
The figures unveiled by DICJ on July 18, 2023 show that the revenues generated in mass market baccarat in Q2 2023 reached the level of MOP$26.68 billion (US$3.32 billion). As reported by IAG, the level represented 58.4% of the gross revenues generated by the Macau industry within the give period. Although the value testifies about a negligible decline when compared to the 58.9% stake experienced in the first quarter of 2023, it still represents almost 20% higher participation in the overall revenues than the 39.1% GGR level seen in 2019.
Likewise, VIP baccarat improved the performance in Q2 2023. Having reached the revenues of MOP$12.16 billion (US$1.51 billion), VIP baccarat contributed to the gross revenue generated in the Macau industry in the quarter with its 26.6% stake. The level is reportedly increased in the observed period since the sector held the 24.5% revenue share in the first quarter of 2023