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We are now projecting HK$18.2-18.7 billion in total revs for December.

Macau table revenues exploded over this past weekend.  Daily run rate was HK$738.3 million per day over the past 5 days, up from HK$533.9 for the first 15 days.  It is unclear but likely that high hold played a part in the surge.  The recent strength pulls up our full month estimate (including slots) to a range of HK$18.2-18.7 billion, up 65-70% YoY.

Interesting market share shift with MPEL and SJM taking share from LVS.  LVS is now back down below its already depressed 3 month average of 17.4%.  In contrast, Q4 2009 LVS market share was almost 23%.  We will have more market share analysis in an upcoming post.  Wynn continues to outperform and hold the 17% level.  If it holds, December will be only the 3rd month of the year above 17%.  The good news is that one of the others was November which bodes well for a blow out Q4 for the company.

Here are the table revenues through the 20th:

BIG WEEKEND IN MACAU - MACAU123