MACAU JUNE MTD

06/07/11 11:24AM EDT

Still early but June may slow down to HK$18.5-19.5BN

Table gaming revenues for the first 6 days of June were HK$3.728 billion for an average daily rate of HK$621 million, up from the last week of May at HK$544 million.  However, the current pace is not enough to get the full month to the HK$20 billion bogey for total gaming revs.  Based on only one week of data, we are currently projecting HK$18.5-19.5 billion in total gaming revenues for June, up 40-47% YoY but down 17-22% sequentially from May.

Market shares are usually meaningless after only a week of data but for those still interested, they are shown below.  We’ve also added a column that shows each company’s market share for the 3+ weeks since Galaxy opened.

MACAU JUNE MTD - macau  june

MACAU JUNE MTD - macau 3  wk

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.