PIE DU JOUR: MACAU SLOT RELOCATIONS NO BIG DEAL
11/27/12 01:46PM EST
- With the implementation of the new slot machine rules in Macau today, five slot parlours will have to be relocated within one year— Yat Yuen Canidrome Slot Lounge and the Treasure Hunt Slot Lounge, both operated by SJM, and The Mocha Lan Kwai Fong, Mocha Marina Plaza and Mocha Hotel Taipa Best Western clubs, all operated by Mocha Clubs (MPEL).
- As the cascading pie charts show below, we estimate the slot revenue that may be affected by this relocation is very minimal — only 0.5% of total GGR of SJM and MPEL combined.
- The upcoming smoking restrictions and plateauing Mass table hold % are bigger issues facing Macau operators than the slot parlour relocations.
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