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No change to September forecast of HK$20-22BN, up 35-48% YoY

Last week’s performance was similar to that of the week before with average daily table revenue increasing from HK$675MM to HK$690MM. Our September GGR forecast remains at $HK20-22BN, up 35-48% YoY.  Market share has normalized a bit but MPEL is still way above at 17.9% MTD and up from its post GM share of 15.1%.  Wynn also picked up a few points in a likely low hold month for them but share remains way below recent trends.