Jinwu Financial News | Financial World Holdings (03918) announced that for the nine months ended September 30, 2023, total gaming revenue was US$379 million, an increase of 12.1% year-on-year. It recorded an EBITDA of US$215 million, an increase of 17.4%. During the period, mid-market turnover was US$2.702 billion, an increase of 7.8%; the high-end VIP market was transcoded to US$3,046 billion, an increase of 35.2%.
According to the announcement, mid-market betting chip growth accelerated in the three months ending September 30, 2023, with a year-on-year increase of 18.5% over the same period last year. This is mainly due to the satisfactory performance of high-limit gaming zones and the increase in per capita consumption of customers. The average daily transcoding for the VIP Referral Marketplace segment from the beginning of 2023 to date increased by 43.3% over the same period last year.