Casino win rates drop, daily gaming revenue declines
Macau's casino revenue decreased last week due to lower VIP win rates, despite overall year-on-year growth.Summary
Macau experienced a slight slowdown in its casino sector last week, with average daily gaming revenue falling to MOP650 million. This decline, reported by UBS, was primarily driven by reduced VIP room win rates, dropping from MOP743 million the previous week. While the month-to-date average remains at MOP696 million – a 19% year-on-year increase – it represents a 1% month-on-month decline. Mass market tables showed a 3-5% monthly revenue increase, and VIP rolling turnover rose 4-6%, but low VIP win rates (2.3-2.7%) contributed to the overall decrease. December's forecast estimates daily revenue at MOP675 million, requiring an average of MOP657 million per day for the remaining days. Analysts emphasize that VIP win rate fluctuations significantly impact casino performance, while the mass market demonstrates more consistent growth.
(Source：Macau Daily Times)