Rehash is that the analysts lowered the consensus GGR estimates to ~20% early this year, with CC representing the bulk of that overall growth.
The reality panning out is that the overall GGR for Macau are running at 19% YOY and the anticipated bump from Cotai is now underway. Revisiting abcsurfnet's insightful posts from a few months ago, LVS market numbers should be very solid from here forward, and the analysts' estimates for ebitda from CC should prove to be seriously low.
In the first six months Macau did 18,616.13 billion dollars and they are pacing 37.232 billion for 2012 ,with the last six months predicted to be higher, the 40 billion for 2012 should be within reach.
If LVS averaged 20% for the year, of just the 37.232 billion that would be 7.5 billion so 8 or 9 billion is not out of the question for LVS just in Macau. Add in Singapore and Vegas and Beth and we will do just fine.