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Sands China Ltd. Message Board

  • bjspokanimal bjspokanimal Oct 28, 2013 3:07 PM Flag

    Macau Headed for Monthly GGR Record (drjackcar best of LVS post)

    Macau - Monthly record assured
    Our Call

    According to our checks, Macau table-only gross gaming revenue (“GGR”) is MOP31.1b through October 27. If we utilize an average daily table MOP890m per day (slighlty less than last week’s daily average MOP) for the remaining days of October, October GGR would end at MOP35.9b or +30% YoY, inclusive of slots This result would be ~15% higher than the all-time monthly GGR record set in March of this year. We raise our October GGR forecast to MOP 35.9b, or +29% YoY from +27% YoY.

    Market Share. According to our checks, month-to-date October market share is: SJM at 26.7% (vs. estimated September share of ~25%), Galaxy at 21.2% (vs. ~19%), LVS at 19.6% (vs. ~22%), MPEL at 13.8% (vs. ~14%), WYNN at 10.2% (vs. ~11%), and MGM at 8.5% (vs. ~10%).

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