December was an impressive month for Macau with high VIP gold and strong gross gaming revenue. With 20% hold growth on a year-over-year basis and mass market growth up 32%, it was a month that really paid off for Macau operators with the exception of Wynn Resorts (WYNN). Sands China’s (LVS) properties generated the best year-over-year growth at 52% but MGM’s 34% growth was surprising although certainly hold-aided. Wynn was the biggest loser in term of market share this month losing 1.8% to just 10.3% while LVS, MGM, MPEL and Galaxy put up strong numbers.
