Charts & Bullets: Some trends from Singapore gaming in Q3
- Singapore gross gaming revenues rose 28% YoY in Q3 2013 to S$2.0 BN. Adjusted for high hold in both periods, GGR still gained 12%.
- Market VIP rolling chip volume grew 34% YoY in 3Q, 4th consecutive quarter of high double digit gains - Genting did particularly well in this segment, exploding 52% higher YoY, while MBS RC volume gained a respectable 19%.
- Because of the huge VIP quarter, Genting is inching closer to market share parity with MBS on overall gaming revenues
- As for the mass segment, MBS widened its share lead over Genting to 56%. Flat market mass volumes were disappointing in the midst of continued government restrictions on local players and players with political influence.