Macau doesn’t disappoint with November YoY growth of 42%.
The month of November finished a touch stronger than expected and total gaming revenues slightly exceeded the top end of our HK$16.2-16.7 projection range. The following table shows the HK$ total gaming revenue for November for BOTH tables and slots. The market share numbers are for tables only, but slots shouldn’t make a material difference to percentages. We don’t yet have the breakdown between Mass, VIP, Rolling Chip, and Slots.
We believe that Wynn had an exceptionally high VIP win percentage - greater than 3.4%. LVS probably held below 2.5%. MPEL’s share rebounded in the last few days.