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Macau daily table revenues averaged HK$886 million this past week, up 14% YoY, but down 11% WoW.  We are projecting full month GGR (including slots) YoY growth of 16-18%.  We have heard anecdotally that VIP win percentage was low this past week (especially at MGM) but is fairly normal for the full month.  Mass and VIP volumes continue to look very healthy.

In terms of market share, MGM took a big hit WoW but is still relatively in-line with trend.  LVS and MPEL remain above their respective 3 month trends.

MACAU SLOWS BUT STILL ON PACE - 1

MACAU SLOWS BUT STILL ON PACE - 2