Sun, Sep 21, 2014, 5:42 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Las Vegas Sands Corp. Message Board

  • drjackcar drjackcar Feb 25, 2013 8:49 AM Flag

    Sterne Agee note on Feb so far

    Macau: VIP pokes its head up again; Strong rebound in February GGR trends
    Our Call

    According to checks, Macau table-only gross gaming revenue (“GGR”) is MOP22.4b through February 24. The slot inclusive GGR run-rate puts January MOP at ~26.8b, or ~+7% YoY. Last week’s table-only daily average MOP of ~over 1.1b compares to February 1 – 17, 2013 table-only daily average of MOP ~850m.



    We believe last week’s results lend further credibility to checks citing Chinese New Year (“CNY”) overcrowding negatively impacted VIP volume over the holiday. We note that VIP play also accelerated in the weeks following CNY in CY12.

    Market Share. According to our checks, table-only February market share through the 24 was: SJM at 26.0% (vs January slot-inclusive share of 26.3%), Galaxy at 18.1% (vs 18.6%), LVS at 21.1% (vs 20.4%), MPEL at 12.8% (vs 14.3%), WYNN at 12.1% (vs 11.2%), and MGM at 9.9% (vs 9.2%).

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
LVS
62.33-1.62(-2.53%)Sep 19 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.