FIRST FOUR DAYS OF MAY IN MACAU

05/05/14 09:55AM EDT

While a very short period of time of only 4 days, daily table revenues (DTR) averaged a strong HK$1,349m (+12% YoY) due to the start of Golden Week.  We continue to project full month GGR growth of 20%, which we believe would be a positive relative to current consensus expectations of low to mid-teens.

Market shares are irrelevant at this point but they can be seen in the table below.  Note that we don’t have table shares for April yet, only GGR share which is not exactly comparable.

FIRST FOUR DAYS OF MAY IN MACAU - macau1

FIRST FOUR DAYS OF MAY IN MACAU - macau2

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.