International edition
September 30, 2020

Becoming second in the gross gaming revenue rankings

Galaxy market share up in July

(Macau).- Preliminary information compiled by Macau Business reveals Galaxy Entertainment Group continues to see its market share expand since opening its Galaxy Macau resort in Cotai. From an April market share of 9 percentage points, Galaxy reached a market share of almost 19 % in July and is now second in the gross gaming revenue rankings.

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tanley Ho Hung Sun’s Sociedade de Jogos de Macau (SJM) maintained its lead last month, enjoying a 28 % market share. SJM’s lead has been narrowing for the past two months.

Melco Crown had a 16 % market share, followed by Wynn Macau, with a July market share around 15 %. Sands China is ranked fifth, with a 14 % market share. MGM China closed the list with its share hovering around 8 %.

Following the official announcement that casinos in Macau posted a 48.4 % year-on-year increase in gross gaming in July, recording a figure of us$3 billion, two analysts revised their full year estimates for the industry.

RBS analyst Philip Tulk revised his projection for Macau’s 2011 gross gaming revenue growth to 45 %. Union Gaming Research Macau analyst Grant Govertsen raised his estimates to 40 %. Total casino gross gaming revenue for the first seven months of the year was up 45.2 % year-on-year to us$ 18.2 billion.

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