Oct gaming revs were HK$18.3bn, lower than the Street estimate of HK$19-20 billion.
The table below shows the table game market shares for October. This morning the DIJC released that total gaming revenue, including slots, was HK$18.3 billion, up 49.8% YoY, but they do not provide market share. We should have the property breakdown (Mass, VIP, slots, Rolling Chip volume, etc.) in the next day or two.
October revenues were probably a little bit of a disappointment from earlier expectations of HK$19-20 billion. However, business did pick up in the last week of the month and anecdotally we are hearing the Mass tables have been busier than normal at Venetian, City of Dreams, and MGM. Fully month market shares are fairly consistent with what we were seeing earlier in the month although LVS seems to have dropped a little share late in the month and Galaxy gained some.
