2013 has been a good year for Macau thus far, with last week’s average daily table revenue climbing by HK$899 million, up 64% year-over-year. The smoking restrictions that were put into place by the government have yet to make a material impact on business like many thought it would. We do expect a slowdown in the back half of January due to the calendar shift of the Chinese New Year celebration into February this year. Our full month projection is for year-over-year growth of 8-13%. In terms of market share, MPEL and Galaxy take the lead while MGM, SJM and LVS are behind.
