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Macau VIP Baccarat Revenue Declines 18.8% in Q2 2026

Q2 2026 VIP Baccarat Performance

The VIP baccarat segment in Macau recorded a gross gaming revenue (GGR) of MOP15.90 billion ($1.97 billion) for the second quarter of 2026. This marks a decline of 18.8% from the previous quarter and a 2.6% decrease year-on-year. Data from the Gaming Inspection and Coordination Bureau (DICJ) indicated that this segment contributed 26.1% to the overall GGR from games of fortune, falling from a 29.7% share in Q1 2026 and slightly below the 26.7% share in Q2 2025.

Comparative Revenue Analysis

In the first half of 2026, VIP baccarat revenue amounted to MOP35.48 billion ($4.40 billion), a 15.2% increase from the first six months of 2025. Overall, GGR for games of fortune during Q2 reached MOP61.03 billion ($7.56 billion), nearly unchanged compared to the previous year but down by 7.4% from Q1 2026’s MOP65.87 billion ($8.16 billion). The mass-market baccarat continued to dominate, generating MOP35.17 billion ($4.36 billion), showing a 1.2% decrease year-on-year and a 3.8% dip quarter-on-quarter.

Other Gaming Segments

Slot machines exhibited growth with a GGR of MOP4.11 billion ($509 million), rising by 17% year-on-year and 3.3% from the previous quarter. The ‘live multi game’ segment also saw an increase, reaching MOP1.30 billion ($161 million), up 3.1% year-on-year and 3.7% quarter-on-quarter.

Sports Betting Insights

Apart from traditional casino offerings, sports betting, particularly football, saw significant gains. Football betting revenue hit MOP126 million ($15.6 million) in Q2, a 38.5% increase from MOP91 million ($11.3 million) in the same period last year, likely driven by the 2026 FIFA World Cup. Meanwhile, basketball betting was consistent with MOP50 million ($6.2 million), closely mirroring last year’s performance.

Conclusion

The latest figures highlight the shifting landscape of Macau’s gaming revenues. While the VIP baccarat segment experienced a substantial decline, other categories such as slots and sports betting showed notable resilience and growth. This dynamic environment underscores the importance for industry stakeholders to adapt to these evolving trends.

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