October numbers look much worse than previously thought.
Please see our note: http://docs.hedgeye.com/HE_Macau_OctDetail_11.5.14.pdf
Takeaway: Mass and VIP volume well below expectations. Premium Mass table conversions to Direct VIP only partly to blame for the Mass disappointment.
October numbers look much worse than previously thought.
Please see our note: http://docs.hedgeye.com/HE_Macau_OctDetail_11.5.14.pdf