According to BNP Paribas outlook
Cotai to reshuffle gaming market shares
(Macau).- Casino operators “that possess Cotai assets will be the net beneficiaries in the medium to longer term” in terms of market share shifts, according to BNP Paribas’ latest industry outlook.
2010-07-28
Reading time 34 seg
By 2012, Galaxy (to open Galaxy Macau in March 2011) is expected to gain 4.5 points and move up to the third spot, with a 16.1 % market quota, overtaking Wynn Macau (15 % in 2012 vs 14.9 % in 2009), while MGM Macau’s share will shrink to from 8.6 % in 2009 to 5.2 %, the report stresses, quoted by Macau Daily Times.
SJM will remain the market leader, with a 27.5 % market share in 2012 (29.6 % in 2009). Sands China will see its market share increase from 22.5 % in 2009 to 25.3 %. Melco Crown’s share will drop, from 12.8 % to 10.8 %.
Globally, BNP Paribas expects casino gross gaming revenue growth to decelerate to 40.4 percent in the second half of this year. The investment bank predicts revenue increases of 12.6 % in 2011 and 15.4 % in 2012.
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