MACAU OFF TO STRONG START IN DEC

Early data indicates 60% growth for December

The following table details table revenues and market share for the first 5 days of December.  Although very preliminary, based on the first 5 days of December, we project full month at HK$17.5 billion, up approximately 60% over December 2009.  As always, our estimate takes into account slot revenue and the number of weekend days and weekdays.  December 2009 is not exactly an easy comp as revenues in that month grew 48%.

We wouldn’t put much stock in the market share numbers since hold played a large role in the shifts and the data only represents 5 days.

MACAU OFF TO STRONG START IN DEC - macau1111