From The Motley Fool – Macau’s hot streak continued in July after a 20% increase in gaming revenue from a year earlier and increasing the full-year jump to 15.9% from a year ago. Clearly, the gaming market isn’t slowing, particularly the mass market that will likely drive the industry’s growth in coming years.
Macau really comes down to one game in two segments: VIP baccarat and mass-market baccarat. In the first half of the year, this single game accounted for 91.3% of gaming revenue, and the trend doesn’t appear to be stopping. What is changing is the players gambling. No longer is baccarat only a high-roller game in Macau; the mass market is where the real growth is.
Below I’ve built a table showing the gaming revenue (in Macanese patacas) generated from baccarat since 2010. As you can see, all segments of the market are growing, but the mass market is growing fastest.
