Demand For Texas Hold’em In Macau Poker Rooms Continues To Grow

Summary:

• Texas Hold’em GGR in Macau for the first three quarters of 2023 is 93.7% of the full-year 2019.
• The Texas Hold’em comeback in Macau indicates that post-pandemic players are younger
• The poker tables at Grand Lisboa Palace and MGM received a positive response.

Based on data from the Gaming Inspection and Coordination Bureau, the casino regulator of Macau, Texas Hold’em Poker in Macau has generated gross gaming revenue (GGR) of MOP177 million during the third quarter of the financial year 2023. The figure represents an increase of 1.72% from the MOP151 million of the previous quarter.

The GGR of Texas Hold’em Poker in Macau for the first three quarters of 2023 was MOP418 million, accounting for 0.32% of the city’s overall casino GGR of MOP128.95 billion during the same period.

From Jan to Sep 30, Texas Hold’em Poker GGR has already hit 93.7% of the GGR for the complete year of 2019, which presented MOP446 million GGR.

Texas Hold’em Poker Makes a Grand Comeback

The revenue figures indicate that Texas Hold’em Poker has made a grand comeback in 2023. According to Alidad Tash, the managing director of 2NT8 Limited, an industry consultancy, the data indicates that post-pandemic poker players are younger and better at playing poker.

Tash said that Grand Lisboa Palace and MGM offered poker tables that received a positive response from younger poker players. The consultant also said that MGM introduced 200 extra poker tables, enabling the operator to explore the post-pandemic poker market, which they used to generate revenue and figure out the potential of cross-play.

Macau Casino Properties Offer More Poker Tables

Macau casino regulators authorized MGM China to offer 1,700 gaming machines and 750 gaming tables under a new gaming license that became active in January. In June, the company opened new poker zones in its properties, MGM Cotai and MGM Macau.

By early October 2023, several casino properties across Macau had launched new poker zones to attract players.

Players can enjoy their favourite game of Texas Hold’em in several poker zones across Macau, including the Wynn Macau, a property in the downtown peninsula belonging to Wynn Macau Limited; MGM China’s properties in Cotai and Macau, the Grand Lisboa Palace belonging to SJM Holdings Limited, and the Venetian Macau belonging to Sands China Limited.