Market shares shifted a bit sequentially but nothing material.
Total shipments into North America increased sequentially to 20k from 16k in 1Q09
- We estimate new and expansion units decreased to 8,700 from 11,000 in 1Q09 and 22,500 in 2Q08
- Replacements and Canadian shipments had a sequential uptick to 10,700 from roughly 5,000 in 1Q09 and 7,350 last year
Market shares:
- IGT: 35%, level with last quarter and down from 41% y-o-y
- WMS: 23%, down from 25% last quarter but up from 19% last year
- BYI: 20%, up from 17% last quarter and level with last year
- ALL: 1H09 results were at 12% up from 10% last year
Other “trends”
- WMS looks capable of maintaining its share between 20% and 25% in NA especially considering the positive feedback we've been getting from the operators
- BYI share appears to have flattened at approximately 20%
- IGT have stabilized at around 35%
- ALL seems to be gaining traction with its new Viridian cabinet
The chart below summarizes our slot ship share estimates for Q209:
