International edition
October 17, 2021

SJM Holdings is the market leader

Macau: Sands remains second in market share

(Macau).- According to the English Business Daily, Sands China was the biggest market share winner in Macau’s gaming industry last month, surpassing Galaxy Entertainment Group.

S

ands recorded a 22-% market share for last month, up by four percentage points from June. In the opposite direction, Galaxy’s share dropped by four percentage points, to 19 %.

SJM Holdings remained the market leader, with a stable 26 % stake.

In the second half of the table, there were no big changes: Melco Crown Entertainment maintained its 13 % share of the market, followed by Wynn Macau at 11 %.

MGM China rounded up the ranking, with a 9 % piece of the market.

Macau casinos took in us$ 3.1 billion in July, up by 1.5 % over the same period last year.

Official figures released by the Gaming Inspection and Coordination Bureau show that this was the slowest growth rate recorded year-on-year since June 2009. Even so, Macau’s casino gross gaming revenue for July beat some forecasts, as a few analysts were expecting a negative year-on-year growth rate.

Looking ahead, U.S. brokerage Sterne Agee forecasts Macau’s gaming industry to post a 4.5 % year-on-year growth rate this month, with the pace accelerating in September.

Bank of America Merrill Lynch’s forecast for August is less bullish: a 1 % growth rate.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook