Macau gross gaming revenues and VIP rolling chip turnover plummet in June due to resurgence of coronavirus in Guangdong

Macau gross gaming revenues and VIP rolling chip turnover plummet in June due to resurgence of coronavirus in Guangdong
Macau recorded a total of MOP 6.54 billion in gross gaming revenues in June, a decrease of 37.4% compared with the previous month.(Allin photo)

Macau recorded a total of MOP 6.54 billion in gross gaming revenues in June, a decrease of 37.4% compared with the previous month, and the figure was the lowest since January 2021. Meanwhile Macau’s VIP rolling chip turnover dropped by 44% in June over the previous month, to MOP 29.1 billion; total revenues of VIP rooms stood at MOP 1.05 billion, a month-on-month decrease of 38%.

The sharp decline in gaming revenues was a direct result of the resurgence of coronavirus in neighbouring Guangdong province, which led to the tightening of travel restrictions between Macau and the Chinese mainland.

As the number of visitor arrivals to Macau fell by nearly 40% last month, the six major local casino junket operators saw their rolling chip turnover drop to two digits or even one digit. Even Suncity Group, the leading junket operator in Macau, failed to cross the MOP 10 billion mark for the first time this year. Two other junket operators, Tak Chun and Guangdong Group, also saw their rolling chip turnover shrink by nearly 50%.

Ranking of VIP business of gaming operators in June:

  1. Galaxy Entertainment (27)
  2. Melco International (200)
  3. Sands China (1928)
  4. Wynn Macau (1128)
  5. MGM China (2282)
  6. SJM Holdings (880)

Ranking of VIP junket operators in June:

  1. Suncity Group
  2. Tak Chun Group
  3. Guangdong Group
  4. Macau Golden Group
  5. MEG-Star Group
  6. HengSheng Group