Still climbing but converging: When will we know what is normal?
- Luck obviously affects quarterly hold on all tables, not just VIP, but for Mass at least, it’s difficult to calculate.
- Mass hold is impacted by the percent of chips taken out of the cage (not included in the denominator of the hold calculation) versus the table, dealer competency, player ability, and table minimums.
- Market hold has been on a steady climb especially for MPEL and Galaxy for all of the above reasons save luck.
- Until we get a flattening of the rolling curve, it’s impossible to determine hold normalcy and calculate the luck impact on any given quarter.
