Macau VIP rolling chip turnover falls by 11% in January Only Suncity remains in the 「10 Billion Club」

Macau VIP rolling chip turnover falls by 11% in January Only Suncity remains in the 「10 Billion Club」

Despite an increase of 2.63% in Macau’s gaming receipts in January, the city’s VIP rolling chip turnover in January fell by 11% over the previous month, according to figures provided to Allin Media by industry insiders.

The latest data seen by Allin Media show that Macau’s total VIP rolling chip turnover stood at 44.5 billion patacas in the first month of 2021, representing a drop of 11% over the previous month. However, the profits of junket operators gained from rolling chips increased by 10% to 1.65 billion patacas in the same month.

The top three junket operators with the largest market share in January were:Suncity Group, Tak Chun Group and Guangdong Group. But all three saw a drop in rolling chip turnover, with Guangdong Group seeing the biggest decrease. As a result, only Suncity Group remained in the 「10 Billion Club」, a title referring to junket operators that boast monthly rolling chip turnover of more than 10 billion patacas.

Meanwhile the HengSheng Group, which performed strongly in December, kept its growing momentum in rolling chip turnover in January, and was now close behind Golden Group in total chip turnover.

The fall in total VIP rolling chip turnover was largely due to the rebound of the Covid-19 epidemic in mainland China.

Though February figures are yet to be available, industry insiders told Allin Media that VIP gaming business during the Chinese New Year holiday could only be described as 「so-so」. But business did improve a bit during the last few days of the CNY holiday.

In the field of VIP gaming business, Galaxy Entertainment Group continued to hold the top spot in market share in January. Melco climbed to second place while Wynn dropped to third place.

Market share ranking of VIP business of gaming operators in January:

1. Galaxy Entertainment (27)

2. Melco International (200)

3. Wynn Macau (1128)

4. Sands China (1928)

5. SJM Holdings (880)

6. MGM China (2282)

Market share ranking of VIP junket operators in January:

1. Suncity Group

2. Tak Chun Group

3. Guangdong Group

4. MEG-Star Group

5. Macau Golden Group

6. HengSheng Group