Masked by low hold, both WYNN and LVS likely gained volume share in Q2
- Following May’s 18% GGR decline, we’re already projecting a down June for the Strip but MGM and/or CZR may have lost volume share too
- On a YoY basis, both WYNN and LVS likely improved volume share in both slots and table
- Estimated GGR share in 2011 was MGM – 28%, CZR – 25%, WYNN – 13%, LVS – 8% for a total of 75% of the market