Macau Baccarat Revenue Declines Slightly Amid Strong Slot Growth

VIP Segment Slows While Mass Market Anchors Regional Gaming Revenue

According to the latest regulatory figures, Macau’s high-roller table baccarat segment brought in MOP15.90 billion (US$1.97 billion) during the second quarter of 2026, marking a 2.6% decline compared to the same period in 2025. This downturn slightly reduced VIP baccarat’s total market share of games of fortune to 26.1%, down from 26.7% a year earlier.

The dip in high-tier spending kept Macau’s aggregate Q2 revenue flat, with the city generating just under MOP61.03 billion for the three months ending June 30—a marginal 0.1% decrease year-on-year. However, the broader mass-market sector showed resilience, ticking up 0.8% to nearly MOP45.13 billion. Mass-market baccarat alone remained the undisputed anchor of the local industry, commanding a dominant 57.6% share of the territory’s total gaming revenue.

Electronic Gaming and Slots Post Explosive Double-Digit Gains

While premium table games experienced headwinds, the casino floor's electronic segments enjoyed a highly lucrative quarter. Slot machine revenue led the growth charge, skyrocketing 17.0% year-on-year to reach MOP4.11 billion. This surge effectively boosted the slot segment's overall market share to 6.7% of all games of fortune, a notable increase from the 5.6% recorded during the same period last year.

Complementing this digital momentum, the live multi-game electronic product category also posted positive returns. The vertical saw its second-quarter GGR rise 3.1% year-on-year, finishing the three-month period at just over MOP1.30 billion, further highlighting the ongoing diversification of Macau's gaming floor dynamics.