Eight casinos dominate Macau market

Eight out of Macau’s 35 casinos accounted for just over three quarters of gross gambling revenue in the first half of this year, the Jornal Tribuna de Macau says.

The eight are the casinos in the Galaxy Macau and StarWorld, owned by Galaxy Entertainment; the Wynn Macau, owned by Wynn Resorts; Melco Crown Entertainment’s City of Dreams; MGM Resorts’ MGM Macau; Las Vegas Sands’ the Venetian Macao and the Sands Cotai Central and SJM Holding’s Grand Lisboa.

Together they accounted for MOP145.4 billion (US$18.21 billion), it said.

The Galaxy Macau had MOP24.9 billion in gross gaming revenue, the Wynn Macau had MOP20.3 billion and the City of Dreams had MOP19.6 billion.

GGR rose 5.5 percent in the three months to end June, driven by the mass market to MOP90.9 billion. Revenue from mass-market baccarat increased by 35.3 percent year-on-year to MOP28 billion. The VIP segment fell by 5.8 percent year-on-year to MOP54.6 billion, according to the Gaming Inspection and Coordination Bureau.

 

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