21/01/2010 01:03:00
The gaming industry in Macau ended last year with a total gross revenue of more than MOP120 billion [over 15 billion US dollars] according to information from the Gaming Inspection and Coordination Bureau.
The gross revenue of the gaming industry, hitting positive marks in just over 9.5 percent, comes from MOP119 billion of gross revenues of casino gambling and MOP1 billion in greyhound racing, horse racing, lotteries, as well as football and basketball bettings.
In line with figures released by Portuguese news agency Lusa earlier this year, the numbers now known specifically show that baccarat, the most popular “green cloth” table game accounted for 88.24 percent of the total gross income registered in casinos or 87.49 percent of the total revenue of the sector.
VIP baccarat, played at high roller tables, generated revenues of MOP79.8 billion, and represents 66.88 percent of the casino revenues, or 66.31 percent of overall revenue of the gaming industry.
The slot machines were the second largest source of revenue for local casinos with MOP6.5 billion registered, which represents 5.44 percent of casino revenues or 5.4 percent of the revenues of the sector.
At the end of last year, the six local operators managed 33 casinos, with 14,363 slot machines and 4,770 gaming tables available to gamblers.
From the information compiled by Lusa from the operators at the beginning of the year, casino mogul Stanley Ho led the market last year with a market share of almost 30 percent, followed by the US Sands China, with about 23 percent of the market share, and by Wynn Resorts, with about 15 percent.
Melco/PBL, with just over 12 percent of market share, Galaxy Resorts with 11.5 percent and MGM Macau with almost 9 percent, make up the second half of the table of casino operators’ market share.
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