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Trending +HK$20BN for April

Macau continues to defy expectations with this past week actually accelerating from already strong weekly revenues.  Through April 17th, total table gaming revenues were HK$11.7 billion and average daily revenue exceeded HK$688 million month to date.  Total April gaming revenues including slots are now on pace for HK$20.0-21.0 billion, up 52-59%, and that assumes a pre-holiday slowdown the rest of the month.

In terms of market share, MPEL and WYNN are the standouts while Galaxy and SJM are “struggling”.  Of course, with market numbers like these, market share probably isn’t such a concern.  Here is the data: