The Macau Metro Monitor, December 2, 2011
SANDS' PERFORMANCE IMPROVES IN NOVEMBER Macau Business
November GGR Share: SJM (27%), GALAXY (20%), LVS (16%), MPEL & WYNN (13%, with WYNN slightly ahead), MGM (11%).
GOVT HAS RECEIVED NO GAMING APPLICATION FOR STUDIO CITY Macau Business
Secretary Tam said the Macau government has still not received any application from MPEL to include gaming elements in the Macau Studio City project. Tam said that if an application is filed, the DICJ would consider it according to the relevant legislation. He also stressed again that the 5,500 table limit on live gaming tables will not be lifted before 2013. He added the remaining number of table licenses should be enough for Sands Cotai Central to operate successfully.
The first phase of Sands Cotai Central is set to open in March and will include a 9,850 square-metre casino and VIP gaming areas. The company expects to open a second casino there by 3Q 2012.
INTERNATIONAL VISITOR ARRIVALS BY REGION/COUNTRY OF RESIDENCE STB
Singapore visitation hit 1,033,013 in September 2011, up 9.1% YoY, the lowest growth rate since November 2009. Mainland China visitors accounted for 10% of total visitation.