CHART DU JOUR: MACAU OCT TABLE REVENUE PROJECTION

10/10/12 01:03PM EDT

Despite record comparison, October 2012 should post solid YoY growth

  • Assuming post-Golden Week trends in 2011 are carried forward in 2012, we believe Macau table revenues growth for October may come in at the high end of our 4-9% projection range.  Even when adjusted for high hold in October, the calculation yields growth in the middle of our range.
  • Last October, average daily table revenues (ADTR) post Golden Week slipped 2% relative to that for Sept 2011
  • October gaming revenues could hit a new record month.  Easier comps should contribute to accelerating growth in November and December.

CHART DU JOUR: MACAU OCT TABLE REVENUE PROJECTION - macau234

© 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.