Macau’s casino gross gaming revenue (GGR) fell 3.8% year-on-year in the third quarter of 2026 to MOP60.22 billion (US$7.46 billion), according to data from the Gaming Inspection and Coordination Bureau (DICJ). Revenue was 1.3% lower than in the second quarter, with weaker mass baccarat offsetting broadly stable VIP baccarat.
Mass baccarat, including premium mass, generated MOP33.61 billion (US$4.17 billion), down 7.9% year-on-year and 4.4% from the June quarter. Its share of quarterly GGR fell to 55.8% from 58.3% a year earlier. The MOP2.88 billion (US$357 million) annual decline exceeded the overall GGR decrease, as growth in other categories partly offset the gap. Including slots, mass-market GGR fell 5.2% year-on-year to MOP43.31 billion (US$5.37 billion), down 4.0% from the previous quarter. Slots rose 18.8% year-on-year to MOP4.09 billion (US$507 million), but declined 0.5% from the previous quarter.
VIP baccarat revenue reached MOP16.91 billion (US$2.09 billion), up 6.3% from the previous quarter and 0.1% from a year earlier, after an 18.8% decline in the second quarter. It remained 13.6% below the first-quarter level. VIP baccarat accounted for 28.1% of GGR, compared with 26.1% in the second quarter and 27.0% a year earlier. For the first nine months, the segment generated MOP52.38 billion (US$6.49 billion), up 9.9% year-on-year, after 15.2% growth in the first half.
DICJ’s methodology differs from that used by concessionaires, particularly in the allocation of tables at integrated resorts. Outside casinos, football betting turnover rose 49.0% year-on-year to MOP152 million (US$18.8 million), helped by decisive matches during the quarter, while basketball betting increased 4.8% to MOP44 million (US$5.5 million). The GGR outlook remains restrained because of the FIFA 2026 World Cup in North America and capital-movement controls in China. Administration chief Sam Hou Fai said authorities are not considering lowering the MOP236 billion (US$29.2 billion) annual target.
