VIP gaming contributes more than half of all casinos
The revenue generated by the VIP game in 2018 grew 9.3% to 166.097 billion patacas (18.029 billion euros), contributing more than half of the total collected by Macau casinos.
According to data published on Wednesday on the website of the Inspection and Coordination of Games Division (DICJ), VIP gaming revenue (raised in the big betting rooms) increased by 15.424 billion patacas (1.674 billion patacas). patacas), compared to 2017, whose value of the big bets had been of 150.673 billion patacas.
In relative terms, the VIP game contributed 54.8% of the total collected by the casinos of Macau during the last year, a percentage inferior to the one registered in 2017 (56,69%).
Macau, the gaming capital of the world and the only place in China where casino gambling is legal, registered in 2018 302.846 billion patacas (32.796 billion euros) in gambling revenue, a 14% increase over the period year, according to official data.
The absolute result achieved in 2018 is the highest since 2014 when revenues generated by the VIP game amounted to 212.535 billion patacas.
In the betting industry in Macao, 303.879 billion patacas were generated, and casino gambling accounted for almost all of this value (99.66%). In the second place, the long distance of the first, was football bets (674 million patacas), an increase of 155 million patacas, compared to the value recorded in 2017.
At the end of last year, the Chinese special administrative region had 6,588 gaming tables and 16,059 slot machines in 41 gaming rooms.
The Macau Gaming Company, founded by the tycoon Stanley Ho, had 22 casinos, the Galaxy with six and the Venetian Macau (which has in the territory the largest casino in the world and the seventh largest building on the planet in a useful area) with five.
Melco, a group led by Lawrence Ho, son of Stanley Ho, with casinos and hotels in Macau and the Philippines, has five casinos. US groups MGM and Wynn both have two casinos in Macau.
