International edition
September 20, 2021

According to Citigroup

Sands only operator to gain share in 2013

(Macau).- Citigroup forecasts that Sands China is going to be the only gaming operator in Macau to see its market share going up in 2013. The investment bank expects Sands China’s share to increase by three percentage points, to 22 %, as Cotai Central will have its first full-year of operations.

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ccording to Citigroup, Sands China was already one of the two biggest market share gainers in full 2012, alongside Galaxy Entertainment Group.

Both operators had a 19-percent stake last year, both up by three percentage points in comparison to 2011.

But for this year, Citigroup expects Galaxy Entertainment to suffer a one-percentage point share loss, most of it likely coming from casino hotel StarWorld and as a result of Cotai Central’s first full-year of operations.

Both SJM Holdings and Wynn Macau should continue to lose market share this year, the investment bank says, after drops in 2012 of two percentage points each in both cases. For full 2012, market leader SJM Holdings had a market share of 27 percent, while Wynn’s share stood at 12 percent.

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