The 41 casinos in Macau reportedly saw the share of aggregated third-quarter gross gaming revenues they amassed from VIP baccarat players decrease by some 16.4% year-on-year to just over $737.7 million.
According to a report from Inside Asian Gaming citing official information from the Gaming Inspection and Coordination Bureau regulator, this drop meant that only around 31.5% of the city’s aggregated gross gaming revenues for the three months to the end of September had come from high-rollers at the baccarat tables. The source detailed that this fall was largely blamed on a range of new cross-border travel restrictions recently put in place to help counter the spread of the coronavirus pandemic.
Macau is home to a slew of prestigious casino resorts including SJM Holdings Limited’s iconic Casino Grand Lisboa venue and the 3,000-room The Venetian Macao facility from the Sands China Limited subsidiary of American giant Las Vegas Sands Corporation. However, the former Portuguese enclave has reportedly been slow to recover from the impacts of the coronavirus pandemic and recently saw its aggregated third-quarter gross gaming revenues decline 26.1% quarter-on-quarter to just slightly beyond $2.3 billion.
According to a report from Inside Asian Gaming citing official information from the Gaming Inspection and Coordination Bureau regulator, this drop meant that only around 31.5% of the city’s aggregated gross gaming revenues for the three months to the end of September had come from high-rollers at the baccarat tables. The source detailed that this fall was largely blamed on a range of new cross-border travel restrictions recently put in place to help counter the spread of the coronavirus pandemic.
Macau is home to a slew of prestigious casino resorts including SJM Holdings Limited’s iconic Casino Grand Lisboa venue and the 3,000-room The Venetian Macao facility from the Sands China Limited subsidiary of American giant Las Vegas Sands Corporation. However, the former Portuguese enclave has reportedly been slow to recover from the impacts of the coronavirus pandemic and recently saw its aggregated third-quarter gross gaming revenues decline 26.1% quarter-on-quarter to just slightly beyond $2.3 billion.
