Sands’ performance improves in November
Sands China climbed one position, to a 16-percent market share (14 percent the previous month), while Melco Crown Entertainment and Wynn Macau, both had about a 13-percent share, with Wynn slightly ahead.
In October, Melco Crown was third, with a market share of 15 percent, while Wynn Macau Ltd. had a 13-percent slice of the market. MGM China Holdings rounded the ranking with 11 percent of the market, the same as in the previous month.
The take by Macau’s casinos stood at a healthy us$ 2.88 billion last month, according to data from the Gaming Inspection and Coordination Bureau. The increase was 32.9 percent year-on-year, the slowest rate of growth registered so far this year.
December “could be similar” to last month in terms of growth, “but going into January will be a low season as in the first couple of days of the Lunar New Year we don’t have any VIPs coming to Macau,” Credit Suisse consumer and gaming analyst Gabriel Chan said.
Year-on-year comparisons will be more demanding, since the Lunar New Year took place in February this year.
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